3 Industrial Stocks On The Rise

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 down 42 points (-0.2%) at 17,072 as of Wednesday, July 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,641 issues advancing vs. 1,297 declining with 186 unchanged.

The Industrial industry currently sits down 0.5% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Nidec ( NJ), up 0.8%. A company within the industry that fell today was Dresser-Rand Group ( DRC), up 4.4%.

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

3. Royal Philips ( PHG) is one of the companies pushing the Industrial industry higher today. As of noon trading, Royal Philips is up $0.17 (0.5%) to $31.83 on average volume. Thus far, 273,179 shares of Royal Philips exchanged hands as compared to its average daily volume of 693,200 shares. The stock has ranged in price between $31.80-$31.95 after having opened the day at $31.88 as compared to the previous trading day's close of $31.66.

Koninklijke Philips N.V. is engaged in healthcare, consumer lifestyle, and lighting businesses worldwide. Royal Philips has a market cap of $28.9 billion and is part of the consumer goods sector. Shares are down 14.4% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Philips as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Royal Philips Ratings Report now.

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