3 Stocks Improving Performance Of The Industrial Industry

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 52 points (0.3%) at 17,129 as of Tuesday, Aug. 26, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,998 issues advancing vs. 975 declining with 164 unchanged.

The Industrial industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. A company within the industry that increased today was ABB ( ABB), up 0.6%. A company within the industry that fell today was Rockwell Automation ( ROK), up 0.6%.

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

3. Tenaris ( TS) is one of the companies pushing the Industrial industry higher today. As of noon trading, Tenaris is up $0.28 (0.6%) to $44.42 on light volume. Thus far, 177,753 shares of Tenaris exchanged hands as compared to its average daily volume of 934,600 shares. The stock has ranged in price between $44.02-$44.64 after having opened the day at $44.03 as compared to the previous trading day's close of $44.14.

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

Tenaris S.A., through its subsidiaries, is engaged in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $25.6 billion and is part of the basic materials sector. Shares are up 1.0% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Tenaris a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Tenaris as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Tenaris 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.

2. As of noon trading, Allegheny Technologies ( ATI) is up $0.88 (2.1%) to $42.98 on light volume. Thus far, 316,561 shares of Allegheny Technologies exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $42.12-$43.00 after having opened the day at $42.22 as compared to the previous trading day's close of $42.10.

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

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components, and Flat-Rolled Products. Allegheny Technologies has a market cap of $4.5 billion and is part of the industrial goods sector. Shares are up 18.2% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Allegheny Technologies a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Allegheny Technologies as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. Get the full Allegheny Technologies 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, Generac Holdings ( GNRC) is up $1.08 (2.3%) to $47.98 on light volume. Thus far, 418,018 shares of Generac Holdings exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $46.97-$48.27 after having opened the day at $47.19 as compared to the previous trading day's close of $46.90.

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

Generac Holdings Inc. designs, manufactures, and markets power generation equipment and other engine powered products for the residential, light commercial, industrial, and construction markets in the United States, Canada, and internationally. Generac Holdings has a market cap of $3.2 billion and is part of the industrial goods sector. Shares are down 17.2% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Generac Holdings a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Generac Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Generac Holdings 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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