Today's Top Performers In Industrial

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 are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 29 points (0.2%) at 17,012 as of Tuesday, July 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,408 declining with 169 unchanged.

The Industrial industry currently sits down 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Nidec ( NJ), up 1.7%, and Tenaris ( TS), up 1.0%.

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

3. Xylem ( XYL) is one of the companies pushing the Industrial industry higher today. As of noon trading, Xylem is up $1.55 (4.2%) to $38.01 on heavy volume. Thus far, 1.3 million shares of Xylem exchanged hands as compared to its average daily volume of 997,200 shares. The stock has ranged in price between $37.38-$38.87 after having opened the day at $38.13 as compared to the previous trading day's close of $36.46.

Xylem Inc. is engaged in the design, manufacture, and application of engineered technologies for the water and wastewater applications. The company operates in two segments, Water Infrastructure and Applied Water. Xylem has a market cap of $6.8 billion and is part of the industrial goods sector. Shares are up 5.4% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate Xylem a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Xylem 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, increase in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Xylem Ratings Report now.

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