Chicago Bridge & Iron Company (CBI): Today's Featured Materials & Construction Winner
(
) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day down 0.2%. By the end of trading, Chicago Bridge & Iron Company rose $0.79 (1.3%) to $62.09 on average volume. Throughout the day, 1,281,136 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1,617,800 shares. The stock ranged in a price between $61.50-$62.50 after having opened the day at $62.42 as compared to the previous trading day's close of $61.30. Other companies within the Materials & Construction industry that increased today were:
(
), up 13.7%,
Nuverra Environmental Solutions
(
), up 5.8%,
(
), up 5.8% and
(
), up 5.0%.
Chicago Bridge & Iron Company N.V., an energy infrastructure focused company, provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to customers in the energy, petrochemical, and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $6.6 billion and is part of the industrial goods sector. Shares are up 32.4% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Chicago Bridge & Iron Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Chicago Bridge & Iron Company
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Chicago Bridge & Iron Company Ratings Report.
On the negative front,
(
), down 9.5%,
Jewett-Cameron Trading Company
(
), down 6.3%,
(
), down 4.6% and
(
), down 3.8% , were all laggards within the materials & construction industry with
(
) being today's materials & construction industry laggard.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, 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
(
).
- Find other investment ideas from our top rated ETFs lists.
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