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 traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,867 as of Wednesday, June 25, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,840 issues advancing vs. 1,188 declining with 141 unchanged.

The Industrial industry as a whole closed the day up 0.2% versus the S&P 500, which was up 0.5%. Top gainers within the Industrial industry included American DG Energy ( ADGE), up 1.9%, Continental Materials ( CUO), up 3.4%, Ultralife Batteries ( ULBI), up 2.0%, Hudson Technologies ( HDSN), up 3.5% and China BAK Battery ( CBAK), up 4.4%.

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

China BAK Battery ( CBAK) is one of the companies that pushed the Industrial industry higher today. China BAK Battery was up $0.10 (4.4%) to $2.35 on light volume. Throughout the day, 49,542 shares of China BAK Battery exchanged hands as compared to its average daily volume of 143,100 shares. The stock ranged in a price between $2.22-$2.42 after having opened the day at $2.23 as compared to the previous trading day's close of $2.25.

China BAK Battery, Inc., together with its subsidiaries, manufactures, commercializes, and distributes standard and customized lithium ion (Li-ion) rechargeable batteries. China BAK Battery has a market cap of $29.8 million and is part of the industrial goods sector. Shares are up 1.4% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate China BAK Battery a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates China BAK Battery as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and poor profit margins.

Highlights from TheStreet Ratings analysis on CBAK go as follows:

  • Net operating cash flow has significantly decreased to -$4.77 million or 180.61% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The gross profit margin for CHINA BAK BATTERY INC is currently extremely low, coming in at 11.98%. Despite the low profit margin, it has increased significantly from the same period last year. Despite the mixed results of the gross profit margin, CBAK's net profit margin of -12.46% significantly underperformed when compared to the industry average.
  • CHINA BAK BATTERY INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, CHINA BAK BATTERY INC reported poor results of -$9.18 versus -$5.20 in the prior year.
  • The revenue fell significantly faster than the industry average of 9.4%. Since the same quarter one year prior, revenues fell by 33.5%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • This stock has increased by 50.70% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the future course of this stock, we feel that the risks involved in investing in CBAK do not compensate for any future upside potential, despite the fact that it has seen nice gains over the past 12 months.

You can view the full analysis from the report here: China BAK Battery Ratings Report

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

At the close, Hudson Technologies ( HDSN) was up $0.10 (3.5%) to $2.92 on light volume. Throughout the day, 73,909 shares of Hudson Technologies exchanged hands as compared to its average daily volume of 99,800 shares. The stock ranged in a price between $2.80-$2.93 after having opened the day at $2.85 as compared to the previous trading day's close of $2.82.

Hudson Technologies, Inc. operates as a refrigerant services company that provides solutions to the refrigeration industry in the United States and internationally. Hudson Technologies has a market cap of $73.5 million and is part of the industrial goods sector. Shares are down 23.8% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Hudson Technologies a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Hudson Technologies as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on HDSN go as follows:

  • Net operating cash flow has significantly increased by 141.70% to $3.06 million when compared to the same quarter last year. In addition, HUDSON TECHNOLOGIES INC has also vastly surpassed the industry average cash flow growth rate of 4.40%.
  • The debt-to-equity ratio is somewhat low, currently at 0.67, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Despite the fact that HDSN's debt-to-equity ratio is low, the quick ratio, which is currently 0.69, displays a potential problem in covering short-term cash needs.
  • The revenue fell significantly faster than the industry average of 3.9%. Since the same quarter one year prior, revenues fell by 31.9%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Commercial Services & Supplies industry and the overall market, HUDSON TECHNOLOGIES INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for HUDSON TECHNOLOGIES INC is currently extremely low, coming in at 12.88%. It has decreased significantly from the same period last year. Along with this, the net profit margin of 1.02% trails that of the industry average.

You can view the full analysis from the report here: Hudson Technologies Ratings Report

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

Ultralife Batteries ( ULBI) was another company that pushed the Industrial industry higher today. Ultralife Batteries was up $0.08 (2.0%) to $3.82 on average volume. Throughout the day, 17,716 shares of Ultralife Batteries exchanged hands as compared to its average daily volume of 15,400 shares. The stock ranged in a price between $3.64-$3.83 after having opened the day at $3.75 as compared to the previous trading day's close of $3.74.

Ultralife Corporation offers power and communications solutions in the United States and internationally. It operates through two segments, Battery & Energy Products and Communications Systems. Ultralife Batteries has a market cap of $66.1 million and is part of the industrial goods sector. Shares are up 5.4% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Ultralife Batteries a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Ultralife Batteries as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on ULBI go as follows:

  • ULBI has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 2.60, which clearly demonstrates the ability to cover short-term cash needs.
  • Net operating cash flow has significantly increased by 485.73% to $2.70 million when compared to the same quarter last year. In addition, ULTRALIFE CORP has also vastly surpassed the industry average cash flow growth rate of -6.94%.
  • ULBI, with its decline in revenue, underperformed when compared the industry average of 6.4%. Since the same quarter one year prior, revenues fell by 27.3%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Electrical Equipment industry and the overall market, ULTRALIFE CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for ULTRALIFE CORP is currently lower than what is desirable, coming in at 32.72%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -8.41% is significantly below that of the industry average.

You can view the full analysis from the report here: Ultralife Batteries Ratings Report

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

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.