RBC, ROK And CMI, 3 Industrial Stocks Pushing The Industry Lower

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 48 points (-0.3%) at 16,864 as of Wednesday, July 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,073 issues advancing vs. 1,897 declining with 171 unchanged.

The Industrial industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Emerson Electric ( EMR), down 1.3%, Caterpillar ( CAT), down 1.1%, Royal Philips ( PHG), down 0.8% and ABB ( ABB), down 0.6%. A company within the industry that increased today was 3D Systems ( DDD), up 2.2%.

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

3. Regal-Beloit ( RBC) is one of the companies pushing the Industrial industry lower today. As of noon trading, Regal-Beloit is down $6.45 (-8.4%) to $70.05 on heavy volume. Thus far, 937,229 shares of Regal-Beloit exchanged hands as compared to its average daily volume of 201,600 shares. The stock has ranged in price between $69.15-$73.58 after having opened the day at $72.90 as compared to the previous trading day's close of $76.50.

Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors and controls, electric generators and controls, low and medium voltage drives and soft starters, and mechanical motion control products in the United States and internationally. Regal-Beloit has a market cap of $3.4 billion and is part of the industrial goods sector. Shares are up 3.8% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Regal-Beloit a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Regal-Beloit 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 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 Regal-Beloit Ratings Report now.

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2. As of noon trading, Rockwell Automation ( ROK) is down $7.07 (-5.9%) to $112.90 on heavy volume. Thus far, 1.7 million shares of Rockwell Automation exchanged hands as compared to its average daily volume of 563,000 shares. The stock has ranged in price between $111.24-$114.27 after having opened the day at $113.38 as compared to the previous trading day's close of $119.97.

Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. It operates in two segments, Architecture & Software and Control Products & Solutions. Rockwell Automation has a market cap of $16.9 billion and is part of the industrial goods sector. Shares are up 1.5% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Rockwell Automation a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Rockwell Automation 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, solid stock price performance, expanding profit margins and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Rockwell Automation 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, Cummins ( CMI) is down $1.08 (-0.8%) to $142.62 on heavy volume. Thus far, 1.2 million shares of Cummins exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $141.76-$144.48 after having opened the day at $144.19 as compared to the previous trading day's close of $143.70.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $26.7 billion and is part of the industrial goods sector. Shares are up 1.9% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Cummins a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cummins as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Cummins 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 industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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