ROK, ITW And GE, 3 Industrial Goods Stocks Pushing The Sector Lower

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 84 points (0.5%) at 17,140 as of Wednesday, Sept. 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,536 issues advancing vs. 1,417 declining with 186 unchanged.

The Industrial Goods sector currently sits down 0.2% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the sector include GrafTech International ( GTI), down 30.5%, AAR ( AIR), down 10.5% and ABB ( ABB), down 0.7%. Top gainers within the sector include Nidec ( NJ), up 3.2%, Royal Philips ( PHG), up 2.2%, Weyerhaeuser ( WY), up 1.4%, Sherwin-Williams ( SHW), up 1.1% and Cemex SAB de CV ( CX), up 0.9%.

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

3. Rockwell Automation ( ROK) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Rockwell Automation is down $1.14 (-1.0%) to $113.13 on heavy volume. Thus far, 484,731 shares of Rockwell Automation exchanged hands as compared to its average daily volume of 641,200 shares. The stock has ranged in price between $112.78-$114.14 after having opened the day at $114.00 as compared to the previous trading day's close of $114.27.

Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. It operates in two segments, Architecture & Software and Control Products & Solutions. Rockwell Automation has a market cap of $15.9 billion and is part of the industrial industry. Shares are down 3.3% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Rockwell Automation a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Rockwell Automation 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, increase in stock price during the past year and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Rockwell Automation 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, Illinois Tool Works ( ITW) is down $0.43 (-0.5%) to $86.30 on heavy volume. Thus far, 1.4 million shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $86.11-$86.78 after having opened the day at $86.60 as compared to the previous trading day's close of $86.73.

Illinois Tool Works Inc. produces and sells engineered fasteners and components, equipment and consumable systems, and specialty products. Illinois Tool Works has a market cap of $34.8 billion and is part of the industrial industry. Shares are up 3.1% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Illinois Tool Works 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, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Illinois Tool Works 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, General Electric ( GE) is down $0.15 (-0.6%) to $25.87 on average volume. Thus far, 17.1 million shares of General Electric exchanged hands as compared to its average daily volume of 28.3 million shares. The stock has ranged in price between $25.69-$26.01 after having opened the day at $26.01 as compared to the previous trading day's close of $26.02.

General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $261.7 billion and is part of the industrial industry. Shares are down 7.2% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate General Electric a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates General Electric 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, increase in stock price during the past year and expanding profit margins. 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 General Electric 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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