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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 34 points (0.2%) at 16,956 as of Friday, June 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,547 issues advancing vs. 1,406 declining with 177 unchanged.

The Industrial Goods sector currently is unchanged today versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Alliant Techsystems ( ATK), down 3.4%, Masco ( MAS), down 2.0%, Lennar ( LEN), down 1.4% and ABB ( ABB), down 0.5%. Top gainers within the sector include Esterline Technologies ( ESL), up 3.5%, Flowserve ( FLS), up 1.4%, Emerson Electric ( EMR), up 1.2%, Fluor ( FLR), up 1.1% and Rockwell Automation ( ROK), up 1.1%.

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

3. Tenaris ( TS) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Tenaris is down $0.38 (-0.8%) to $46.45 on light volume. Thus far, 305,768 shares of Tenaris exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $46.22-$46.57 after having opened the day at $46.31 as compared to the previous trading day's close of $46.83.

Tenaris S.A., through its subsidiaries, is engaged in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $27.5 billion and is part of the metals & mining industry. Shares are up 7.2% year-to-date as of the close of trading on Thursday. 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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, USG ( USG) is down $0.65 (-2.1%) to $29.74 on average volume. Thus far, 1.3 million shares of USG exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $29.57-$30.39 after having opened the day at $30.37 as compared to the previous trading day's close of $30.39.

USG Corporation, through its subsidiaries, operates as a manufacturer and distributor of building materials worldwide. It operates in three segments: North American Gypsum, Worldwide Ceilings, and Building Products Distribution. USG has a market cap of $4.2 billion and is part of the materials & construction industry. Shares are up 7.1% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate USG a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates USG as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full USG 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, Owens-Corning ( OC) is down $2.17 (-5.2%) to $39.13 on heavy volume. Thus far, 3.6 million shares of Owens-Corning exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $38.64-$39.74 after having opened the day at $38.96 as compared to the previous trading day's close of $41.30.

Owens Corning, together with its subsidiaries, produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in two segments, Composites and Building Materials. Owens-Corning has a market cap of $4.8 billion and is part of the materials & construction industry. Shares are up 1.4% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Owens-Corning a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Owens-Corning as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Owens-Corning 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