3 Stocks Improving Performance Of The Industrial Goods Sector

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 52 points (-0.3%) at 18,381 as of Monday, Aug. 1, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,146 issues advancing vs. 1,771 declining with 163 unchanged.

The Industrial Goods sector currently sits down 0.3% versus the S&P 500, which is down 0.2%. A company within the sector that increased today was Moog ( MOG.B), up 6.4%. On the negative front, top decliners within the sector include Vulcan Materials ( VMC), down 4.7%, Flowserve ( FLS), down 3.5%, Martin Marietta Materials ( MLM), down 3.0%, Tenaris ( TS), down 2.9% and Dover ( DOV), down 1.8%.

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

3. Moog ( MOG.A) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Moog is up $3.56 (6.5%) to $58.63 on heavy volume. Thus far, 150,209 shares of Moog exchanged hands as compared to its average daily volume of 160,200 shares. The stock has ranged in price between $54.69-$58.77 after having opened the day at $54.73 as compared to the previous trading day's close of $55.07.

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Moog Inc. designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. Moog has a market cap of $2.0 billion and is part of the aerospace/defense industry. Shares are down 9.1% year-to-date as of the close of trading on Friday.

TheStreet Ratings rates Moog as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and deteriorating net income. Get the full Moog Ratings Report now.

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2. As of noon trading, CalAtlantic Group ( CAA) is up $0.73 (2.0%) to $36.94 on heavy volume. Thus far, 1.4 million shares of CalAtlantic Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $36.10-$37.03 after having opened the day at $36.18 as compared to the previous trading day's close of $36.21.

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CalAtlantic Group, Inc. builds single-family attached and detached homes in the United States. The company operates through four segments: North, Southeast, Southwest, and West. CalAtlantic Group has a market cap of $4.7 billion and is part of the materials & construction industry. Shares are down 4.5% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate CalAtlantic Group a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates CalAtlantic Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. Get the full CalAtlantic Group Ratings Report now.

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1. As of noon trading, General Dynamics ( GD) is up $1.42 (1.0%) to $148.31 on average volume. Thus far, 1.0 million shares of General Dynamics exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $146.93-$148.65 after having opened the day at $147.15 as compared to the previous trading day's close of $146.89.

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General Dynamics Corporation operates as an 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 $44.9 billion and is part of the aerospace/defense industry. Shares are up 6.9% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate General Dynamics a buy, no analysts rate it a sell, and 3 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 growth in earnings per share, increase in net income, reasonable valuation levels, increase in stock price during the past year 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.

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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).

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