Louisiana-Pacific Corp. (LPX): 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 up 0.2%. By the end of trading, Louisiana-Pacific rose $0.53 (3.4%) to $16.20 on average volume. Throughout the day, 4,258,461 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 3,235,700 shares. The stock ranged in a price between $15.68-$16.45 after having opened the day at $15.75 as compared to the previous trading day's close of $15.67. Other companies within the Materials & Construction industry that increased today were:
(
), up 7.0%,
(
), up 6.0%,
(
), up 5.8% and
(
), up 5.7%.
Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.1 billion and is part of the services sector. Shares are down 20.4% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Louisiana-Pacific a buy, 3 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Louisiana-Pacific
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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Louisiana-Pacific Ratings Report.
On the negative front,
China Recycling Energy Corporation
(
), down 8.9%,
(
), down 8.1%,
(
), down 4.9% and
(
), down 4.8% , 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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