3 Stocks Advancing The Industrial Goods Sector

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 77 points (-0.5%) at 16,791 as of Thursday, June 26, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,231 issues advancing vs. 1,744 declining with 167 unchanged.

The Industrial Goods sector currently sits down 0.3% versus the S&P 500, which is down 0.4%. A company within the sector that increased today was Weyerhaeuser ( WY), up 1.2%. On the negative front, top decliners within the sector include Nidec ( NJ), down 1.7%, Pentair ( PNR), down 1.5%, Ametek ( AME), down 1.4%, Royal Philips ( PHG), down 1.3% and Precision Castparts ( PCP), down 1.1%.

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

3. Pall Corporation ( PLL) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Pall Corporation is up $0.99 (1.2%) to $86.02 on average volume. Thus far, 279,458 shares of Pall Corporation exchanged hands as compared to its average daily volume of 565,600 shares. The stock has ranged in price between $84.59-$86.07 after having opened the day at $85.17 as compared to the previous trading day's close of $85.03.

Pall Corporation manufactures and markets filtration, separation, and purification products and integrated systems solutions worldwide. It operates in two segments, Life Sciences and Industrial. Pall Corporation has a market cap of $9.3 billion and is part of the industrial industry. Shares are down 0.4% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Pall Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Pall Corporation 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, 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 somewhat disappointing return on equity. Get the full Pall Corporation Ratings Report now.

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