3 Stocks Pushing The Industrial Goods Sector Downward

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%. On the negative front, top decliners within the sector include Republic Services ( RSG), down 1.9%, Mohawk Industries ( MHK), down 1.6%, Tenaris ( TS), down 1.5%, Northrop Grumman ( NOC), down 1.2% and Ingersoll-Rand ( IR), down 1.1%. Top gainers within the sector include Stratasys ( SSYS), up 3.3%, Middleby ( MIDD), up 1.8%, Precision Castparts ( PCP), up 1.2%, Weyerhaeuser ( WY), up 1.1% and Dover ( DOV), up 0.6%.

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

3. Embraer S.A ( ERJ) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Embraer S.A is down $1.11 (-2.9%) to $37.53 on average volume. Thus far, 560,192 shares of Embraer S.A exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $37.25-$37.92 after having opened the day at $37.52 as compared to the previous trading day's close of $38.64.

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

Embraer S.A. develops, produces, and sells jet and turboprop aircrafts for civil and defense aviation markets in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. Embraer S.A has a market cap of $7.0 billion and is part of the aerospace/defense industry. Shares are up 20.1% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Embraer S.A a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Embraer S.A as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Embraer S.A 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, Ametek ( AME) is down $0.59 (-1.1%) to $51.56 on light volume. Thus far, 341,368 shares of Ametek exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $51.46-$52.40 after having opened the day at $52.40 as compared to the previous trading day's close of $52.15.

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

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group (EIG) and Electromechanical Group (EMG). Ametek has a market cap of $12.6 billion and is part of the industrial industry. Shares are down 1.0% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that rate Ametek a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ametek 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, growth in earnings per share, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Ametek 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, Rockwell Automation ( ROK) is down $1.29 (-1.1%) to $111.06 on light volume. Thus far, 210,323 shares of Rockwell Automation exchanged hands as compared to its average daily volume of 849,700 shares. The stock has ranged in price between $110.96-$112.78 after having opened the day at $112.35 as compared to the previous trading day's close of $112.35.

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

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 $15.2 billion and is part of the industrial industry. Shares are down 4.9% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate Rockwell Automation a buy, 2 analysts rate it a sell, and 5 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, good cash flow from operations 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 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.

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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