3 Stocks Dragging The Industrial Industry Downward

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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 fell today was Rockwell Automation ( ROK), up 0.6%. A company within the industry that increased today was ABB ( ABB), up 0.6%.

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

3. Ingersoll-Rand ( IR) is one of the companies pushing the Industrial industry lower today. As of noon trading, Ingersoll-Rand is down $0.42 (-0.7%) to $61.42 on light volume. Thus far, 490,253 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $61.40-$62.11 after having opened the day at $61.89 as compared to the previous trading day's close of $61.83.

Ingersoll-Rand plc, together with its subsidiaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products in the United States and internationally. It operates through Climate and Industrial segments. Ingersoll-Rand has a market cap of $16.4 billion and is part of the industrial goods sector. Shares are up 0.4% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Ingersoll-Rand 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 growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Ingersoll-Rand Ratings Report now.

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2. As of noon trading, Cummins ( CMI) is down $0.77 (-0.5%) to $144.32 on light volume. Thus far, 399,652 shares of Cummins exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $144.32-$145.49 after having opened the day at $145.27 as compared to the previous trading day's close of $145.09.

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 2.9% year-to-date as of the close of trading on Monday. 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, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, reasonable valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. 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.

1. As of noon trading, Deere ( DE) is down $0.85 (-1.0%) to $84.26 on average volume. Thus far, 1.4 million shares of Deere exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $84.26-$85.26 after having opened the day at $84.97 as compared to the previous trading day's close of $85.11.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. Deere has a market cap of $30.8 billion and is part of the industrial goods sector. Shares are down 6.8% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Deere a buy, 8 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, notable return on equity 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 Deere 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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