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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 84.48 points (-0.5%) at 18,204 as of Tuesday, March 3, 2015, 3:25 PM ET. The NYSE advances/declines ratio sits at 1,114 issues advancing vs. 1,916 declining with 150 unchanged.

The Industrial industry as a whole closed the day down 0.7% versus the S&P 500, which was down 0.5%. Top gainers within the Industrial industry included Bonso Electronics International ( BNSO), up 8.5%, Asia Pacific Wire & Cable ( APWC), up 3.2%, LightPath Technologies ( LPTH), up 1.6%, Art's-Way Manufacturing ( ARTW), up 3.1% and Compx International ( CIX), up 2.1%.

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

Compx International ( CIX) is one of the companies that pushed the Industrial industry higher today. Compx International was up $0.23 (2.1%) to $11.23 on light volume. Throughout the day, 400 shares of Compx International exchanged hands as compared to its average daily volume of 4,400 shares. The stock ranged in a price between $11.19-$11.23 after having opened the day at $11.19 as compared to the previous trading day's close of $11.00.

CompX International Inc. manufactures and sells security products and recreational marine components primarily in North America. The company operates through two segments, Security Products and Marine Components. Compx International has a market cap of $27.1 million and is part of the services sector. Shares are down 9.0% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Compx International a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Compx International as a hold. 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 and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself.

Highlights from TheStreet Ratings analysis on CIX go as follows:

  • CIX's revenue growth has slightly outpaced the industry average of 3.0%. Since the same quarter one year prior, revenues slightly increased by 9.3%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • CIX has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 4.24, which clearly demonstrates the ability to cover short-term cash needs.
  • COMPX INTERNATIONAL INC has improved earnings per share by 12.5% 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 year. During the past fiscal year, COMPX INTERNATIONAL INC increased its bottom line by earning $0.49 versus $0.28 in the prior year.
  • CIX has underperformed the S&P 500 Index, declining 5.13% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • The gross profit margin for COMPX INTERNATIONAL INC is currently lower than what is desirable, coming in at 34.15%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 8.41% trails that of the industry average.

You can view the full analysis from the report here: Compx International Ratings Report

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At the close, Art's-Way Manufacturing ( ARTW) was up $0.14 (3.1%) to $4.73 on light volume. Throughout the day, 180 shares of Art's-Way Manufacturing exchanged hands as compared to its average daily volume of 5,600 shares. The stock ranged in a price between $4.73-$4.73 after having opened the day at $4.73 as compared to the previous trading day's close of $4.59.

Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, pressurized steel vessels, and steel cutting tools worldwide. Art's-Way Manufacturing has a market cap of $18.5 million and is part of the services sector. Shares are down 12.2% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Art's-Way Manufacturing a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Art's-Way Manufacturing as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on ARTW go as follows:

  • The revenue growth came in higher than the industry average of 1.4%. Since the same quarter one year prior, revenues rose by 23.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Machinery industry. The net income increased by 100.0% when compared to the same quarter one year prior, rising from $0.19 million to $0.38 million.
  • The current debt-to-equity ratio, 0.51, is low and is below the industry average, implying that there has been successful management of debt levels. Despite the fact that ARTW's debt-to-equity ratio is low, the quick ratio, which is currently 0.55, displays a potential problem in covering short-term cash needs.
  • ARTW has underperformed the S&P 500 Index, declining 22.00% from its price level of one year ago. Looking ahead, other than the push or pull of the broad market, we do not see anything in the company's numbers that may help reverse the decline experienced over the past 12 months. Despite the past decline, the stock is still selling for more than most others in its industry.
  • 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. In comparison to the other companies in the Machinery industry and the overall market, ARTS WAY MFG 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: Art's-Way Manufacturing 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.

LightPath Technologies ( LPTH) was another company that pushed the Industrial industry higher today. LightPath Technologies was up $0.02 (1.6%) to $0.99 on light volume. Throughout the day, 4,432 shares of LightPath Technologies exchanged hands as compared to its average daily volume of 22,300 shares. The stock ranged in a price between $0.99-$1.00 after having opened the day at $1.00 as compared to the previous trading day's close of $0.97.

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. LightPath Technologies has a market cap of $15.7 million and is part of the services sector. Shares are up 7.1% year-to-date as of the close of trading on Monday. 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 sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on LPTH go as follows:

  • 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 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.
  • LPTH's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 31.25%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • 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. We feel it is likely to report a decline in earnings 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 earnings to be in line with last year (-$0.02 versus -$0.02).
  • 42.23% is the gross profit margin for LIGHTPATH TECHNOLOGIES INC which we consider to be strong. Regardless of LPTH's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 4.20% trails the industry average.
  • Net operating cash flow has significantly increased by 55.22% to -$0.21 million when compared to the same quarter last year. In addition, LIGHTPATH TECHNOLOGIES INC has also vastly surpassed the industry average cash flow growth rate of -6.06%.

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.