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 152 points (-0.9%) at 17,388 as of Thursday, Aug. 6, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 923 issues advancing vs. 2,100 declining with 141 unchanged.

The Industrial Goods sector currently sits down 0.4% versus the S&P 500, which is down 1.1%. On the negative front, top decliners within the sector include Generac Holdings ( GNRC), down 12.6%, Stantec ( STN), down 11.1%, EnerSys ( ENS), down 10.9%, Rayonier ( RYN), down 7.0% and Fastenal ( FAST), down 1.8%. Top gainers within the sector include Tenaris ( TS), up 4.5%, Fluor ( FLR), up 1.6%, Ametek ( AME), up 1.1%, Cemex SAB de CV ( CX), up 1.1% and Masco ( MAS), up 1.1%.

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

3. Northrop Grumman ( NOC) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Northrop Grumman is down $1.62 (-0.9%) to $172.06 on light volume. Thus far, 315,579 shares of Northrop Grumman exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $171.74-$174.11 after having opened the day at $173.94 as compared to the previous trading day's close of $173.68.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. Northrop Grumman has a market cap of $32.3 billion and is part of the aerospace/defense industry. Shares are up 17.8% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Northrop Grumman a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Northrop Grumman as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, reasonable valuation levels, good cash flow from operations and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full Northrop Grumman Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, Raytheon ( RTN) is down $0.96 (-0.9%) to $109.06 on light volume. Thus far, 567,075 shares of Raytheon exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $108.98-$110.00 after having opened the day at $109.80 as compared to the previous trading day's close of $110.02.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. Raytheon has a market cap of $33.0 billion and is part of the aerospace/defense industry. Shares are up 1.7% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Raytheon a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Raytheon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full Raytheon Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, General Dynamics ( GD) is down $1.29 (-0.9%) to $148.53 on light volume. Thus far, 336,162 shares of General Dynamics exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $148.49-$150.40 after having opened the day at $149.96 as compared to the previous trading day's close of $149.82.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

General Dynamics Corporation operates as aerospace and defense company worldwide. It operates through four business groups: Aerospace; Combat Systems; Information Systems and Technology; and Marine Systems. General Dynamics has a market cap of $48.0 billion and is part of the aerospace/defense industry. Shares are up 8.9% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts that rate General Dynamics a buy, no analysts rate it a sell, and 5 rate it a hold.

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

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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).