3 Stocks Dragging In The Industrial Industry

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 up 14 points (0.1%) at 17,085 as of Tuesday, Sept. 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,160 issues advancing vs. 1,849 declining with 136 unchanged.

The Industrial industry currently sits down 0.7% versus the S&P 500, which is down 0.2%. A company within the industry that fell today was Nidec ( NJ), up 0.9%.

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

3. Illinois Tool Works ( ITW) is one of the companies pushing the Industrial industry lower today. As of noon trading, Illinois Tool Works is down $0.46 (-0.5%) to $84.82 on light volume. Thus far, 604,594 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 $84.67-$85.62 after having opened the day at $85.50 as compared to the previous trading day's close of $85.28.

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 $33.9 billion and is part of the industrial goods sector. Shares are up 1.4% year-to-date as of the close of trading on Monday. 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 growth in earnings per share. 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.

2. As of noon trading, Honeywell International ( HON) is down $0.51 (-0.6%) to $93.02 on light volume. Thus far, 698,641 shares of Honeywell International exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $92.91-$93.72 after having opened the day at $93.43 as compared to the previous trading day's close of $93.53.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $73.0 billion and is part of the industrial goods sector. Shares are up 2.4% year-to-date as of the close of trading on Monday. Currently there are 13 analysts that rate Honeywell International a buy, no analysts rate it a sell, and 4 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, growth in earnings per share 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 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.

1. As of noon trading, Caterpillar ( CAT) is down $0.56 (-0.6%) to $99.27 on light volume. Thus far, 1.4 million shares of Caterpillar exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $99.04-$100.10 after having opened the day at $100.03 as compared to the previous trading day's close of $99.83.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $63.0 billion and is part of the industrial goods sector. Shares are up 9.9% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. 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 Caterpillar 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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