Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 16,515 as of Thursday, April 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,645 issues advancing vs. 1,332 declining with 182 unchanged.

The Industrial Goods sector currently sits up 0.2% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include USG ( USG), down 5.3%, Raytheon ( RTN), down 4.5%, 3M ( MMM), down 1.2%, Lockheed Martin ( LMT), down 0.9% and Precision Castparts ( PCP), down 0.7%. Top gainers within the sector include DR Horton ( DHI), up 7.6%, Stanley Black & Decker ( SWK), up 3.3%, Lennar ( LEN), up 2.8%, Caterpillar ( CAT), up 1.9% and Nidec ( NJ), up 1.2%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Flowserve ( FLS) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Flowserve is down $4.08 (-5.2%) to $74.05 on heavy volume. Thus far, 2.1 million shares of Flowserve exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $73.80-$77.49 after having opened the day at $77.10 as compared to the previous trading day's close of $78.13.

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment. Flowserve has a market cap of $10.8 billion and is part of the industrial industry. Shares are down 0.9% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Flowserve a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Flowserve as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Flowserve Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Northrop Grumman ( NOC) is down $2.22 (-1.8%) to $119.44 on average volume. Thus far, 963,384 shares of Northrop Grumman exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $118.49-$122.00 after having opened the day at $121.75 as compared to the previous trading day's close of $121.66.

Northrop Grumman Corporation provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. Northrop Grumman has a market cap of $25.9 billion and is part of the aerospace/defense industry. Shares are up 6.2% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Northrop Grumman a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Northrop Grumman as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Northrop Grumman Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, General Dynamics ( GD) is down $0.56 (-0.5%) to $111.02 on light volume. Thus far, 757,924 shares of General Dynamics exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $110.00-$111.99 after having opened the day at $111.80 as compared to the previous trading day's close of $111.58.

General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. General Dynamics has a market cap of $37.2 billion and is part of the aerospace/defense industry. Shares are up 16.8% year-to-date as of the close of trading on Wednesday. Currently there are 13 analysts that rate General Dynamics a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates General Dynamics as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full General Dynamics Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

null