Today's Stocks Driving Success For 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 125 points (0.7%) at 17,965 as of Friday, May 1, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,606 issues advancing vs. 1,375 declining with 147 unchanged.

The Industrial Goods sector currently sits up 0.5% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Martin Marietta Materials ( MLM), up 3.5%, TransDigm Group ( TDG), up 3.3%, Tenaris ( TS), up 2.8%, Rockwell Automation ( ROK), up 2.2% and Eaton ( ETN), up 1.7%. On the negative front, top decliners within the sector include Flowserve ( FLS), down 4.6%, Quanta Services ( PWR), down 3.7%, Generac Holdings ( GNRC), down 2.8%, L-3 Communications Holdings ( LLL), down 1.4% and Dover ( DOV), down 0.9%.

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

3. Lennar ( LEN) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Lennar is up $1.13 (2.5%) to $46.93 on light volume. Thus far, 1.2 million shares of Lennar exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $45.72-$47.10 after having opened the day at $45.72 as compared to the previous trading day's close of $45.80.

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Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. Lennar has a market cap of $8.0 billion and is part of the materials & construction industry. Shares are up 3.1% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Lennar a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Lennar as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, 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 has had generally high debt management risk by most measures that we evaluated. Get the full Lennar Ratings Report now.

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2. As of noon trading, Illinois Tool Works ( ITW) is up $1.20 (1.3%) to $94.78 on light volume. Thus far, 652,904 shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $93.84-$94.92 after having opened the day at $94.06 as compared to the previous trading day's close of $93.58.

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Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. Illinois Tool Works has a market cap of $35.3 billion and is part of the industrial industry. Shares are down 0.2% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Illinois Tool Works as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, notable return on equity, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Illinois Tool Works Ratings Report now.

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1. As of noon trading, United Technologies ( UTX) is up $1.38 (1.2%) to $115.13 on average volume. Thus far, 1.5 million shares of United Technologies exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $114.51-$115.16 after having opened the day at $114.60 as compared to the previous trading day's close of $113.75.

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United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. United Technologies has a market cap of $102.7 billion and is part of the aerospace/defense industry. Shares are up 0.3% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts who rate United Technologies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full United Technologies Ratings Report now.

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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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