3 Stocks Pushing The Materials & Construction Industry Higher
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.
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 105 points (-0.6%) at 17,872 as of Tuesday, March 31, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,171 issues advancing vs. 1,802 declining with 173 unchanged.
The Materials & Construction industry currently sits down 0.5% versus the S&P 500, which is down 0.4%. A company within the industry that increased today was
(
), up 0.7%.
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, Masco is up $0.34 (1.3%) to $26.79 on light volume. Thus far, 1.1 million shares of Masco exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $26.23-$26.86 after having opened the day at $26.34 as compared to the previous trading day's close of $26.45.
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Masco Corporation manufactures, distributes, and installs home improvement and building products worldwide. Masco has a market cap of $9.2 billion and is part of the industrial goods sector. Shares are up 5.0% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Masco a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Masco
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, compelling growth in net income and notable return on equity. We feel these 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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2. As of noon trading,
(
) is up $0.37 (0.7%) to $54.38 on light volume. Thus far, 741,129 shares of Waste Management exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $53.82-$54.39 after having opened the day at $53.85 as compared to the previous trading day's close of $54.01.
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Waste Management, Inc., through its subsidiaries, provides various waste management environmental services to residential, commercial, industrial, and municipal customers in North America. Waste Management has a market cap of $24.4 billion and is part of the industrial goods sector. Shares are up 5.2% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate Waste Management a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Waste Management
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, attractive valuation levels, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Waste Management Ratings Report
now.
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1. As of noon trading,
(
) is up $0.46 (1.6%) to $28.47 on average volume. Thus far, 2.9 million shares of DR Horton exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $27.80-$28.77 after having opened the day at $28.15 as compared to the previous trading day's close of $28.01.
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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 $10.0 billion and is part of the industrial goods sector. Shares are up 10.8% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate DR Horton a buy, no analysts rate it a sell, and 10 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, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. 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
(
).
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