3 Industrial Stocks On The Rise

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 17,895 as of Tuesday, June 16, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,771 issues advancing vs. 1,197 declining with 176 unchanged.

The Industrial industry currently sits up 0.2% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the industry include Lincoln Electric Holdings ( LECO), down 2.0%, and Tenaris ( TS), down 0.7%.

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

3. Mohawk Industries ( MHK) is one of the companies pushing the Industrial industry higher today. As of noon trading, Mohawk Industries is up $2.16 (1.1%) to $191.22 on light volume. Thus far, 120,982 shares of Mohawk Industries exchanged hands as compared to its average daily volume of 554,100 shares. The stock has ranged in price between $188.57-$191.22 after having opened the day at $189.18 as compared to the previous trading day's close of $189.05.

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Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial applications for remodeling and new constructions worldwide. It operates in three segments: Carpet, Ceramic, and Laminate and Wood. Mohawk Industries has a market cap of $13.9 billion and is part of the consumer goods sector. Shares are up 21.7% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate Mohawk Industries a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Mohawk Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Mohawk Industries Ratings Report now.

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2. As of noon trading, Honeywell International ( HON) is up $0.72 (0.7%) to $104.16 on light volume. Thus far, 1.0 million shares of Honeywell International exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $103.09-$104.27 after having opened the day at $103.18 as compared to the previous trading day's close of $103.44.

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Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $81.3 billion and is part of the industrial goods sector. Shares are up 4.1% year-to-date as of the close of trading on Monday. Currently there are 14 analysts who rate Honeywell International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Honeywell International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Honeywell International Ratings Report now.

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1. As of noon trading, 3M ( MMM) is up $0.84 (0.5%) to $156.71 on light volume. Thus far, 796,242 shares of 3M exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $155.37-$156.87 after having opened the day at $155.75 as compared to the previous trading day's close of $155.87.

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3M Company operates as a diversified technology company worldwide. 3M has a market cap of $100.3 billion and is part of the industrial goods sector. Shares are down 5.1% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate 3M a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates 3M as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and growth in earnings per share. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full 3M 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 industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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