5 Stocks Pulling The Materials & Construction Industry Downward
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 or Stephanie Link.All three major indices are trading up today with the Dow Jones Industrial Average (^DJI) trading up 31 points (0.2%) at 16,096 as of Monday, Nov. 25, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,434 issues advancing vs. 1,496 declining with 119 unchanged.The Materials & Construction industry currently sits down 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Fastenal Company (FAST), down 1.6%, Chicago Bridge & Iron Company (CBI), down 1.4%, Plum Creek Timber (PCL), down 0.8%, Waste Management (WM), down 0.6% and Republic Services (RSG), down 0.5%.TheStreet would like to highlight 5 stocks pushing the industry lower today:5. Toll Brothers (TOL) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Toll Brothers is down $0.32 (-0.9%) to $33.41 on light volume. Thus far, 806,718 shares of Toll Brothers exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $33.20-$33.82 after having opened the day at $33.80 as compared to the previous trading day's close of $33.73. Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. It is also involved in building or converting existing rental apartment buildings into high-, mid-, and low-rise luxury homes. Toll Brothers has a market cap of $6.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are up 4.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Toll Brothers a buy, 2 analysts rate it a sell, and 4 rate it a hold.TheStreet Ratings rates Toll Brothers as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Toll Brothers Ratings Report now.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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