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 104 points (0.6%) at 18,145 as of Wednesday, May 27, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,945 issues advancing vs. 1,035 declining with 155 unchanged.

The Industrial Goods sector currently sits up 0.1% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Abengoa ( ABGB), up 4.6%, Cemex SAB de CV ( CX), up 2.0%, Spirit AeroSystems Holdings ( SPR), up 1.6%, ABB ( ABB), up 1.5% and Sherwin-Williams ( SHW), up 1.5%. On the negative front, top decliners within the sector include Toll Brothers ( TOL), down 2.8%, Embraer S.A ( ERJ), down 2.7% and Weyerhaeuser ( WY), down 0.5%.

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

3. Deere ( DE) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Deere is up $0.89 (0.9%) to $94.69 on heavy volume. Thus far, 2.2 million shares of Deere exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $93.70-$94.83 after having opened the day at $93.89 as compared to the previous trading day's close of $93.80.

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Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. Deere has a market cap of $31.7 billion and is part of the industrial industry. Shares are up 6.0% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Deere a buy, 5 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Deere as a buy. We feel its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Deere Ratings Report now.

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