3 Industrial Stocks Pushing Industry Growth

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 1 points (0.0%) at 18,534 as of Tuesday, July 19, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,061 issues advancing vs. 1,832 declining with 165 unchanged.

The Industrial industry currently sits down 0.4% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was ABB ( ABB), up 0.7%. On the negative front, top decliners within the industry include Colfax ( CFX), down 2.5%, Reliance Steel & Aluminum ( RS), down 2.4%, Tenaris ( TS), down 2.3%, CNH Industrial ( CNHI), down 2.0% and Flowserve ( FLS), down 1.6%.

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

3. Belden ( BDC) is one of the companies pushing the Industrial industry higher today. As of noon trading, Belden is up $2.87 (4.2%) to $71.93 on heavy volume. Thus far, 482,458 shares of Belden exchanged hands as compared to its average daily volume of 273,100 shares. The stock has ranged in price between $71.33-$73.99 after having opened the day at $71.50 as compared to the previous trading day's close of $69.06.

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.

Belden Inc. designs, manufactures, and markets signal transmission solutions worldwide. Belden has a market cap of $2.9 billion and is part of the industrial goods sector. Shares are up 44.8% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Belden a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Belden as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, good cash flow from operations, expanding profit margins and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Belden 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, IDEX ( IEX) is up $2.55 (3.0%) to $87.00 on heavy volume. Thus far, 484,352 shares of IDEX exchanged hands as compared to its average daily volume of 320,700 shares. The stock has ranged in price between $85.16-$87.23 after having opened the day at $85.16 as compared to the previous trading day's close of $84.45.

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.

IDEX Corporation, through its subsidiaries, provides various pumps, flow meters, other fluidics systems and components, and engineered products worldwide. IDEX has a market cap of $6.5 billion and is part of the industrial goods sector. Shares are up 10.2% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate IDEX a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates IDEX as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full IDEX 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, Lennox International ( LII) is up $1.17 (0.8%) to $150.37 on light volume. Thus far, 114,873 shares of Lennox International exchanged hands as compared to its average daily volume of 388,700 shares. The stock has ranged in price between $149.00-$151.45 after having opened the day at $149.32 as compared to the previous trading day's close of $149.20.

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.

Lennox International Inc. designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. The company operates in three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. Lennox International has a market cap of $6.5 billion and is part of the industrial goods sector. Shares are up 19.5% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Lennox International a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Lennox International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, good cash flow from operations and growth in earnings per share. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full Lennox International 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 industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

More from Markets

Stocks Lower as Wall Street Grapples With Growth Concerns

Stocks Lower as Wall Street Grapples With Growth Concerns

Jack in the Box Rises as Company Explores Sale

Jack in the Box Rises as Company Explores Sale

Changing My Trading Plan on IWM

Changing My Trading Plan on IWM

At This Point There Is Nothing to Suggest That the Corrective Action Is Over

At This Point There Is Nothing to Suggest That the Corrective Action Is Over

Texas Fund's Soured Bet on Exotic-Country Stocks Takes Further Hit

Texas Fund's Soured Bet on Exotic-Country Stocks Takes Further Hit