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.

The Industrial Goods sector as a whole closed the day up 0.1% versus the S&P 500, which was down 0.2%. Laggards within the Industrial Goods sector included Euro Tech Holdings ( CLWT), down 7.8%, THT Heat Transfer Technology ( THTI), down 1.9%, American DG Energy ( ADGE), down 12.0%, Intelligent Systems ( INS), down 7.2% and India Globalization Capital ( IGC), down 16.8%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today:

Taser International ( TASR) is one of the companies that pushed the Industrial Goods sector lower today. Taser International was down $4.36 (16.1%) to $22.68 on heavy volume. Throughout the day, 13,021,447 shares of Taser International exchanged hands as compared to its average daily volume of 2,744,900 shares. The stock ranged in price between $22.19-$25.85 after having opened the day at $25.62 as compared to the previous trading day's close of $27.05.

TASER International, Inc. is engaged in the development, manufacture, and sale of conducted electrical weapons (CEWs) for use in law enforcement, federal, military, corrections, private security, and personal defense markets worldwide. Taser International has a market cap of $1.4 billion and is part of the aerospace/defense industry. Shares are up 2.1% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Taser International a buy, 1 analyst rates it a sell, and 2 rate it a hold.

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

TheStreet Ratings rates Taser International as a buy. 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, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from TheStreet Ratings analysis on TASR go as follows:

  • The revenue growth came in higher than the industry average of 0.4%. Since the same quarter one year prior, revenues rose by 26.0%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • TASR's debt-to-equity ratio is very low at 0.00 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 3.98, which clearly demonstrates the ability to cover short-term cash needs.
  • TASER INTERNATIONAL INC has improved earnings per share by 40.0% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, TASER INTERNATIONAL INC increased its bottom line by earning $0.34 versus $0.27 in the prior year. This year, the market expects an improvement in earnings ($0.38 versus $0.34).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Aerospace & Defense industry. The net income increased by 47.8% when compared to the same quarter one year prior, rising from $5.11 million to $7.56 million.
  • The gross profit margin for TASER INTERNATIONAL INC is rather high; currently it is at 67.23%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 17.03% is above that of the industry average.

You can view the full analysis from the report here: Taser International 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.

At the close, India Globalization Capital ( IGC) was down $0.09 (16.8%) to $0.46 on average volume. Throughout the day, 34,568 shares of India Globalization Capital exchanged hands as compared to its average daily volume of 41,800 shares. The stock ranged in price between $0.46-$0.56 after having opened the day at $0.50 as compared to the previous trading day's close of $0.55.

India Globalization Capital has a market cap of $7.5 million and is part of the aerospace/defense industry. Shares are down 25.7% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate India Globalization Capital a buy, no analysts rate it a sell, and 1 rates it a hold.

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

THT Heat Transfer Technology ( THTI) was another company that pushed the Industrial Goods sector lower today. THT Heat Transfer Technology was down $0.02 (1.9%) to $1.01 on light volume. Throughout the day, 7,573 shares of THT Heat Transfer Technology exchanged hands as compared to its average daily volume of 14,500 shares. The stock ranged in price between $1.01-$1.04 after having opened the day at $1.03 as compared to the previous trading day's close of $1.03.

THT Heat Transfer Technology, Inc., through its subsidiaries, manufactures and trades in plate heat exchangers and various related products in the People's Republic of China. THT Heat Transfer Technology has a market cap of $21.7 million and is part of the aerospace/defense industry. Shares are down 15.8% year-to-date as of the close of trading on Wednesday.

TheStreet Ratings rates THT Heat Transfer Technology 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 attractive valuation levels. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year.

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

Highlights from TheStreet Ratings analysis on THTI go as follows:

  • The revenue growth came in higher than the industry average of 0.3%. Since the same quarter one year prior, revenues rose by 15.9%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • THTI's debt-to-equity ratio is very low at 0.10 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.11, which illustrates the ability to avoid short-term cash problems.
  • THT HEAT TRANSFER TECH INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Stable Earnings per share over the past year indicate the company has sound management over its earnings and share float. During the past fiscal year, THT HEAT TRANSFER TECH INC's EPS of $0.15 remained unchanged from the prior years' EPS of $0.15.
  • In its most recent trading session, THTI has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Despite the fact that it has already risen in the past year, there is currently no conclusive evidence that warrants the purchase or sale of this stock.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Machinery industry and the overall market, THT HEAT TRANSFER TECH INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.

You can view the full analysis from the report here: THT Heat Transfer Technology 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.