3 Materials & Construction Stocks Moving The Industry Upward
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 29 points (-0.2%) at 17,702 as of Tuesday, Nov. 10, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,315 issues advancing vs. 1,646 declining with 122 unchanged.
The Materials & Construction industry currently sits down 0.9% versus the S&P 500, which is down 0.3%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, PulteGroup is up $0.30 (1.7%) to $17.86 on average volume. Thus far, 4.1 million shares of PulteGroup exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $17.52-$18.03 after having opened the day at $17.53 as compared to the previous trading day's close of $17.56.
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PulteGroup, Inc., through its subsidiaries, engages in the homebuilding business; mortgage banking operations; and title operations in the United States. PulteGroup has a market cap of $6.3 billion and is part of the industrial goods sector. Shares are down 18.2% year-to-date as of the close of trading on Monday. Currently there are 3 analysts who rate PulteGroup a buy, 2 analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
PulteGroup
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full
now.
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2. As of noon trading,
(
) is up $0.48 (1.0%) to $48.28 on light volume. Thus far, 981,310 shares of Lennar exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $47.77-$48.87 after having opened the day at $47.98 as compared to the previous trading day's close of $47.80.
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Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. Lennar has a market cap of $8.7 billion and is part of the industrial goods sector. Shares are up 6.7% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Lennar a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Lennar
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, good cash flow from operations and notable return on equity. 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
now.
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1. As of noon trading,
(
) is up $1.74 (6.0%) to $30.51 on heavy volume. Thus far, 8.3 million shares of DR Horton exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $29.07-$30.55 after having opened the day at $29.41 as compared to the previous trading day's close of $28.77.
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.
D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 79 markets in the United States under the names of D.R. DR Horton has a market cap of $10.8 billion and is part of the industrial goods sector. Shares are up 13.8% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate DR Horton a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
DR Horton
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full
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 materials & construction industry could consider
(
) while those bearish on the materials & construction industry could consider
ProShares Short Basic Materials Fd
(
).