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 traded up today The three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 18 points (0.1%) at 17,652 as of Monday, Nov. 17, 2014, 3:25 PM ET. The NYSE advances/declines ratio sits at 1,424 issues advancing vs. 1,602 declining with 148 unchanged.

The Industrial industry as a whole closed the day down 0.5% versus the S&P 500, which was up 0.1%. Top gainers within the Industrial industry included LightPath Technologies ( LPTH), up 2.5%, Highway Holdings ( HIHO), up 7.7%, Chicago Rivet & Machine ( CVR), up 2.8%, NF Energy Saving ( NFEC), up 4.5% and CVD Equipment ( CVV), up 13.1%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

CVD Equipment ( CVV) is one of the companies that pushed the Industrial industry higher today. CVD Equipment was up $1.53 (13.1%) to $13.20 on heavy volume. Throughout the day, 98,395 shares of CVD Equipment exchanged hands as compared to its average daily volume of 19,800 shares. The stock ranged in a price between $12.34-$13.40 after having opened the day at $12.34 as compared to the previous trading day's close of $11.67.

CVD Equipment Corporation designs, develops, and manufactures customized equipment and process solutions used to develop and manufacture solar, nano, and advanced electronic components, materials, and coatings for research and industrial applications in the United States and internationally. CVD Equipment has a market cap of $69.4 million and is part of the consumer goods sector. Shares are down 22.2% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates CVD Equipment a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates CVD Equipment 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Highlights from TheStreet Ratings analysis on CVV go as follows:

  • CVV's revenue growth has slightly outpaced the industry average of 18.6%. Since the same quarter one year prior, revenues rose by 26.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • CVV's debt-to-equity ratio is very low at 0.16 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 3.24, which clearly demonstrates the ability to cover short-term cash needs.
  • 39.84% is the gross profit margin for CVD EQUIPMENT CORP which we consider to be strong. Regardless of CVV's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, CVV's net profit margin of 3.30% is significantly lower than the industry average.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market, CVD EQUIPMENT CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to -$2.22 million or 73.78% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.

You can view the full analysis from the report here: CVD Equipment Ratings Report

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At the close, NF Energy Saving ( NFEC) was up $0.10 (4.5%) to $2.34 on light volume. Throughout the day, 11,300 shares of NF Energy Saving exchanged hands as compared to its average daily volume of 58,800 shares. The stock ranged in a price between $2.25-$2.34 after having opened the day at $2.28 as compared to the previous trading day's close of $2.24.

NF Energy Saving Corporation, through its subsidiaries, is engaged in the production of heavy industrial components and products in the People's Republic of China. It operates through two segments, Heavy Manufacturing Business and Energy-saving Related Business. NF Energy Saving has a market cap of $12.2 million and is part of the consumer goods sector. Shares are up 34.0% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate NF Energy Saving a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates NF Energy Saving as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and weak operating cash flow.

Highlights from TheStreet Ratings analysis on NFEC go as follows:

  • NF ENERGY SAVING CORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. During the past fiscal year, NF ENERGY SAVING CORP swung to a loss, reporting -$0.03 versus $0.01 in the prior year.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Machinery industry. The net income has significantly decreased by 819.2% when compared to the same quarter one year ago, falling from $0.05 million to -$0.37 million.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Machinery industry and the overall market, NF ENERGY SAVING CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for NF ENERGY SAVING CORP is rather low; currently it is at 19.54%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -23.41% is significantly below that of the industry average.
  • Net operating cash flow has declined marginally to $0.71 million or 0.42% when compared to the same quarter last year. Despite a decrease in cash flow NF ENERGY SAVING CORP is still fairing well by exceeding its industry average cash flow growth rate of -21.77%.

You can view the full analysis from the report here: NF Energy Saving Ratings Report

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LightPath Technologies ( LPTH) was another company that pushed the Industrial industry higher today. LightPath Technologies was up $0.03 (2.5%) to $1.22 on light volume. Throughout the day, 6,256 shares of LightPath Technologies exchanged hands as compared to its average daily volume of 36,500 shares. The stock ranged in a price between $1.19-$1.22 after having opened the day at $1.19 as compared to the previous trading day's close of $1.19.

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. LightPath Technologies has a market cap of $17.3 million and is part of the consumer goods sector. Shares are down 12.5% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates LightPath Technologies a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates LightPath Technologies as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself.

Highlights from TheStreet Ratings analysis on LPTH go as follows:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Electronic Equipment, Instruments & Components industry. The net income increased by 142.2% when compared to the same quarter one year prior, rising from -$0.24 million to $0.10 million.
  • LPTH's debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, LPTH has a quick ratio of 1.56, which demonstrates the ability of the company to cover short-term liquidity needs.
  • LIGHTPATH TECHNOLOGIES INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, LIGHTPATH TECHNOLOGIES INC swung to a loss, reporting -$0.02 versus $0.02 in the prior year. This year, the market expects an improvement in earnings ($0.00 versus -$0.02).
  • Net operating cash flow has significantly decreased to $0.04 million or 93.72% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. Compared to other companies in the Electronic Equipment, Instruments & Components industry and the overall market, LIGHTPATH TECHNOLOGIES INC's return on equity significantly trails that of both the industry average and the S&P 500.

You can view the full analysis from the report here: LightPath Technologies Ratings Report

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

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.