3 Industrial Goods Stocks Dragging The Sector Down

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 77 points (-0.4%) at 17,034 as of Tuesday, Sept. 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 824 issues advancing vs. 2,132 declining with 162 unchanged.

The Industrial Goods sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Clean Harbors ( CLH), down 2.6%, Fluor ( FLR), down 1.1% and Masco ( MAS), down 1.1%. Top gainers within the sector include NCI Building Systems ( NCS), up 5.4%, Alliant Techsystems ( ATK), up 3.0%, ABB ( ABB), up 0.9% and Pentair ( PNR), up 0.6%.

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

3. Generac Holdings ( GNRC) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Generac Holdings is down $1.49 (-3.2%) to $44.97 on average volume. Thus far, 533,374 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 $44.90-$46.31 after having opened the day at $46.31 as compared to the previous trading day's close of $46.46.

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 industry. Shares are down 18.0% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that 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, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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.

2. As of noon trading, Danaher ( DHR) is down $0.47 (-0.6%) to $76.58 on light volume. Thus far, 648,207 shares of Danaher exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $76.36-$77.06 after having opened the day at $77.00 as compared to the previous trading day's close of $77.05.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher has a market cap of $54.1 billion and is part of the industrial industry. Shares are down 0.2% year-to-date as of the close of trading on Monday. Currently there are 13 analysts that rate Danaher a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Danaher 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, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Danaher 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, Honeywell International ( HON) is down $0.48 (-0.5%) to $94.76 on light volume. Thus far, 877,599 shares of Honeywell International exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $94.68-$95.28 after having opened the day at $95.04 as compared to the previous trading day's close of $95.24.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $74.8 billion and is part of the industrial industry. Shares are up 4.2% year-to-date as of the close of trading on Monday. Currently there are 12 analysts that rate Honeywell International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Honeywell International 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, good cash flow from operations, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Honeywell International 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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