Industrial Goods Stocks On The Rise With Help From 3 Stocks

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 68 points (-0.4%) at 17,105 as of Tuesday, Sept. 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,162 issues advancing vs. 1,797 declining with 186 unchanged.

The Industrial Goods sector currently sits down 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Northrop Grumman ( NOC), down 2.1%, Dover ( DOV), down 1.6%, Raytheon ( RTN), down 1.6%, General Dynamics ( GD), down 1.2% and Tenaris ( TS), down 0.9%.

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

3. Spectrum Brands Holdings ( SPB) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Spectrum Brands Holdings is up $2.86 (3.3%) to $88.99 on average volume. Thus far, 141,221 shares of Spectrum Brands Holdings exchanged hands as compared to its average daily volume of 233,800 shares. The stock has ranged in price between $88.00-$89.22 after having opened the day at $88.04 as compared to the previous trading day's close of $86.13.

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

Spectrum Brands Holdings, Inc., together with its subsidiaries, operates as a consumer products company worldwide. The company operates through Global Batteries & Appliances, Global Pet Supplies, Home and Garden Business, and Hardware & Home Improvement segments. Spectrum Brands Holdings has a market cap of $4.5 billion and is part of the consumer non-durables industry. Shares are up 22.1% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Spectrum Brands Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Spectrum Brands Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. 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 Spectrum Brands 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, Royal Philips ( PHG) is up $1.08 (3.6%) to $31.22 on average volume. Thus far, 536,649 shares of Royal Philips exchanged hands as compared to its average daily volume of 722,600 shares. The stock has ranged in price between $30.79-$31.35 after having opened the day at $30.80 as compared to the previous trading day's close of $30.14.

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

Koninklijke Philips N.V. is engaged in healthcare, consumer lifestyle, and lighting businesses worldwide. Royal Philips has a market cap of $28.2 billion and is part of the consumer durables industry. Shares are down 18.5% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Philips as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Royal Philips 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, 3D Systems ( DDD) is up $0.88 (1.8%) to $48.71 on average volume. Thus far, 2.3 million shares of 3D Systems exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $47.39-$49.58 after having opened the day at $47.51 as compared to the previous trading day's close of $47.83.

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

3D Systems Corporation, through its subsidiaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the United States, Germany, the Asia-Pacific, and other European countries. 3D Systems has a market cap of $5.4 billion and is part of the computer hardware industry. Shares are down 48.5% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate 3D Systems a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates 3D Systems as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full 3D Systems 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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