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3 Stocks Dragging 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 67 points (0.4%) at 16,436 as of Friday, Aug. 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 961 declining with 169 unchanged.

The Materials & Construction industry currently sits up 0.7% versus the S&P 500, which is up 0.4%. A company within the industry that fell today was Harsco ( HSC), up 2.1%. Top gainers within the industry include USG ( USG), up 2.5%, Owens-Corning ( OC), up 1.9%, Toll Brothers ( TOL), up 1.7%, Waste Management ( WM), up 1.3% and Martin Marietta Materials ( MLM), up 1.1%.

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

3. Nuverra Environmental Solutions ( NES) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Nuverra Environmental Solutions is down $2.62 (-14.6%) to $15.30 on heavy volume. Thus far, 741,891 shares of Nuverra Environmental Solutions exchanged hands as compared to its average daily volume of 293,900 shares. The stock has ranged in price between $15.02-$17.33 after having opened the day at $17.17 as compared to the previous trading day's close of $17.92.

Nuverra Environmental Solutions, Inc. provides full-cycle environmental solutions to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. Nuverra Environmental Solutions has a market cap of $487.5 million and is part of the industrial goods sector. Shares are up 6.7% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Nuverra Environmental Solutions a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Nuverra Environmental Solutions as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Nuverra Environmental Solutions 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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