3 Industrial Stocks Pushing The Industry Higher

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 24 points (0.1%) at 16,720 as of Tuesday, May 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,382 issues advancing vs. 1,595 declining with 161 unchanged.

The Industrial industry currently sits down 0.5% versus the S&P 500, which is unchanged. A company within the industry that fell today was ABB ( ABB), up 1.0%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Danaher ( DHR) is one of the companies pushing the Industrial industry higher today. As of noon trading, Danaher is up $0.47 (0.6%) to $75.54 on average volume. Thus far, 1.3 million shares of Danaher exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $75.13-$75.93 after having opened the day at $75.42 as compared to the previous trading day's close of $75.07.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher has a market cap of $51.8 billion and is part of the industrial goods sector. Shares are down 2.8% year-to-date as of the close of trading on Monday. Currently there are 15 analysts who rate Danaher a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Danaher as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Danaher Ratings Report now.

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2. As of noon trading, Cummins ( CMI) is up $0.92 (0.6%) to $154.24 on light volume. Thus far, 489,189 shares of Cummins exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $152.83-$154.87 after having opened the day at $153.32 as compared to the previous trading day's close of $153.32.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $27.6 billion and is part of the industrial goods sector. Shares are up 8.8% year-to-date as of the close of trading on Monday. Currently there are 11 analysts who rate Cummins a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cummins as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cummins Ratings Report now.

3x UPSIDE POTENTIAL: 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, Caterpillar ( CAT) is up $0.54 (0.5%) to $106.74 on light volume. Thus far, 1.4 million shares of Caterpillar exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $105.82-$106.90 after having opened the day at $106.50 as compared to the previous trading day's close of $106.20.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $65.7 billion and is part of the industrial goods sector. Shares are up 16.9% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Caterpillar a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Caterpillar Ratings Report now.

3x UPSIDE POTENTIAL: 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 industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).
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