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3 Stocks Improving Performance Of The Materials & Construction Industry

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 12 points (-0.1%) at 16,797 as of Wednesday, June 18, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,344 issues advancing vs. 1,611 declining with 185 unchanged.

The Materials & Construction industry currently sits down 0.3% versus the S&P 500, which is unchanged. Top gainers within the industry include James Hardie Industries ( JHX), up 2.2%, and Chicago Bridge & Iron Company ( CBI), up 0.8%. On the negative front, top decliners within the industry include DR Horton ( DHI), down 1.9%, Fluor ( FLR), down 1.8%, Owens-Corning ( OC), down 1.4% and Weyerhaeuser ( WY), down 1.1%.

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

3. Texas Industries ( TXI) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Texas Industries is up $1.37 (1.5%) to $92.79 on heavy volume. Thus far, 137,125 shares of Texas Industries exchanged hands as compared to its average daily volume of 166,400 shares. The stock has ranged in price between $91.22-$92.81 after having opened the day at $91.40 as compared to the previous trading day's close of $91.42.

Texas Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of heavy construction materials in the southwestern United States. The company operates in three segments: Cement, Aggregates, and Consumer Products. Texas Industries has a market cap of $2.6 billion and is part of the industrial goods sector. Shares are up 32.9% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Texas Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Texas Industries as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Texas Industries Ratings Report now.

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