Today's Top Performers In Industrial Goods

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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 67 points (-0.4%) at 17,031 as of Tuesday, Sept. 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,801 declining with 159 unchanged.

The Industrial Goods sector currently is unchanged today versus the S&P 500, which is down 0.3%. Top gainers within the sector include AerCap Holdings ( AER), up 2.6%, Nidec ( NJ), up 2.4%, Quanta Services ( PWR), up 1.5%, Tenaris ( TS), up 0.8% and ABB ( ABB), up 0.7%. On the negative front, top decliners within the sector include Martin Marietta Materials ( MLM), down 1.4%, and Royal Philips ( PHG), down 0.5%.

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

3. Flowserve ( FLS) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Flowserve is up $0.84 (1.1%) to $76.73 on average volume. Thus far, 486,827 shares of Flowserve exchanged hands as compared to its average daily volume of 777,400 shares. The stock has ranged in price between $76.01-$77.49 after having opened the day at $76.47 as compared to the previous trading day's close of $75.89.

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

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment. Flowserve has a market cap of $10.4 billion and is part of the industrial industry. Shares are down 3.7% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate Flowserve a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Flowserve as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, solid stock price performance, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Flowserve 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, Northrop Grumman ( NOC) is up $1.11 (0.9%) to $128.33 on average volume. Thus far, 549,197 shares of Northrop Grumman exchanged hands as compared to its average daily volume of 965,700 shares. The stock has ranged in price between $127.81-$128.72 after having opened the day at $127.95 as compared to the previous trading day's close of $127.22.

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

Northrop Grumman Corporation provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. Northrop Grumman has a market cap of $26.5 billion and is part of the aerospace/defense industry. Shares are up 11.0% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Northrop Grumman a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Northrop Grumman as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Northrop Grumman 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, United Technologies ( UTX) is up $0.68 (0.6%) to $108.66 on average volume. Thus far, 2.0 million shares of United Technologies exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $107.72-$109.05 after having opened the day at $108.26 as compared to the previous trading day's close of $107.98.

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

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $98.8 billion and is part of the aerospace/defense industry. Shares are down 5.1% year-to-date as of the close of trading on Friday. Currently there are 12 analysts who rate United Technologies a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, 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 somewhat disappointing return on equity. Get the full United 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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