3 Stocks Improving Performance Of The Industrial Goods Sector

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.1%) at 17,365 as of Monday, Nov. 3, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,608 issues advancing vs. 1,366 declining with 174 unchanged.

The Industrial Goods sector currently sits down 0.1% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Stratasys ( SSYS), up 3.3%, Middleby ( MIDD), up 2.3%, Precision Castparts ( PCP), up 1.8%, Weyerhaeuser ( WY), up 1.1% and Dover ( DOV), up 1.0%. On the negative front, top decliners within the sector include Republic Services ( RSG), down 1.6%, Mohawk Industries ( MHK), down 1.2%, Tenaris ( TS), down 1.4%, Northrop Grumman ( NOC), down 0.9% and Ingersoll-Rand ( IR), down 1.0%.

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

3. Spirit AeroSystems Holdings ( SPR) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Spirit AeroSystems Holdings is up $2.08 (5.3%) to $41.42 on heavy volume. Thus far, 1.6 million shares of Spirit AeroSystems Holdings exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $40.02-$41.42 after having opened the day at $40.21 as compared to the previous trading day's close of $39.34.

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

Spirit AeroSystems Holdings, Inc., through its subsidiaries, operates as a non-original equipment manufacturer (OEM) that designs and manufactures commercial aerostructures worldwide. It operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. Spirit AeroSystems Holdings has a market cap of $5.2 billion and is part of the aerospace/defense industry. Shares are up 15.4% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate Spirit AeroSystems Holdings a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Spirit AeroSystems Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations 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 Spirit AeroSystems 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, B/E Aerospace ( BEAV) is up $1.51 (2.0%) to $75.96 on average volume. Thus far, 813,467 shares of B/E Aerospace exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $73.67-$76.41 after having opened the day at $74.76 as compared to the previous trading day's close of $74.45.

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

B/E Aerospace, Inc. designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets in the United States and internationally. B/E Aerospace has a market cap of $7.8 billion and is part of the aerospace/defense industry. Shares are down 14.4% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate B/E Aerospace a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates B/E Aerospace as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, good cash flow from operations, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full B/E Aerospace 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, Boeing ( BA) is up $0.69 (0.6%) to $125.60 on light volume. Thus far, 1.4 million shares of Boeing exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $124.88-$126.17 after having opened the day at $125.35 as compared to the previous trading day's close of $124.91.

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

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $88.3 billion and is part of the aerospace/defense industry. Shares are down 8.5% year-to-date as of the close of trading on Friday. Currently there are 14 analysts who rate Boeing a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Boeing 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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