3 Stocks Underperforming Today In The Industrial Industry

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 lower today:

3. Tenaris (TS) is one of the companies pushing the Industrial industry lower today. As of noon trading, Tenaris is down $0.47 (-1.1%) to $44.05 on average volume. Thus far, 449,358 shares of Tenaris exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $43.87-$44.19 after having opened the day at $44.08 as compared to the previous trading day's close of $44.52.

Tenaris S.A., through its subsidiaries, is engaged in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $26.1 billion and is part of the industrial goods sector. Shares are up 1.9% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that rates Tenaris a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Tenaris as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Tenaris 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, Dover (DOV) is down $0.66 (-0.8%) to $86.57 on light volume. Thus far, 383,374 shares of Dover exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $86.46-$87.24 after having opened the day at $87.23 as compared to the previous trading day's close of $87.23.

Dover Corporation and its subsidiaries manufacture and sell a range of equipment and components, specialty systems, and support services. The company operates in four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover has a market cap of $14.2 billion and is part of the industrial goods sector. Shares are up 9.4% year-to-date as of the close of trading on Monday including the Knowles Corp spin-off. Currently there are 9 analysts that rate Dover a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Dover 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, notable return on equity, 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 Dover 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, Precision Castparts (PCP) is down $1.35 (-0.5%) to $254.36 on average volume. Thus far, 326,580 shares of Precision Castparts exchanged hands as compared to its average daily volume of 653,200 shares. The stock has ranged in price between $254.24-$256.00 after having opened the day at $256.00 as compared to the previous trading day's close of $255.71.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $37.1 billion and is part of the industrial goods sector. Shares are down 5.0% year-to-date as of the close of trading on Monday. Currently there are 12 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Precision Castparts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Precision Castparts 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 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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