Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 33 points (-0.2%) at 16,622 as of Friday, Aug. 28, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,877 issues advancing vs. 1,144 declining with 123 unchanged.

The Industrial Goods sector currently sits up 1.5% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Manitowoc ( MTW), up 3.3%, Kennametal ( KMT), up 2.8%, Colfax ( CFX), up 1.8%, AerCap Holdings ( AER), up 1.3% and Fluor ( FLR), up 1.3%. On the negative front, top decliners within the sector include Nidec ( NJ), down 1.7%, Republic Services ( RSG), down 0.5% and Sherwin-Williams ( SHW), down 0.7%.

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

3. Eaton ( ETN) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Eaton is up $0.54 (0.9%) to $57.17 on light volume. Thus far, 781,890 shares of Eaton exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $56.16-$57.38 after having opened the day at $56.35 as compared to the previous trading day's close of $56.63.

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Eaton Corporation plc operates as a power management company worldwide. Eaton has a market cap of $25.5 billion and is part of the industrial industry. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 24.8. Shares are down 16.7% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Eaton a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Eaton as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, reasonable valuation levels, expanding profit margins, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Eaton Ratings Report now.

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2. As of noon trading, Emerson Electric ( EMR) is up $0.23 (0.5%) to $47.87 on light volume. Thus far, 716,136 shares of Emerson Electric exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $47.51-$48.08 after having opened the day at $47.59 as compared to the previous trading day's close of $47.64.

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Emerson Electric Co. provides technology and engineering solutions to industrial, commercial, and consumer markets worldwide. It operates through five segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Emerson Electric has a market cap of $30.5 billion and is part of the industrial industry. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 24.8. Shares are down 22.8% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Emerson Electric a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Emerson Electric Ratings Report now.

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1. As of noon trading, Boeing ( BA) is up -$0.45 (0.3%) to $131.42 on average volume. Thus far, 1.4 million shares of Boeing exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $130.86-$131.88 after having opened the day at $131.45 as compared to the previous trading day's close of $131.87.

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The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $87.9 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 24.8. Shares are up 1.4% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts who rate Boeing a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Boeing 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).