PHM, LEN And SHW, 3 Materials & Construction Stocks Pushing The Industry Lower
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 11 points (-0.1%) at 17,856 as of Thursday, Nov. 5, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,091 issues advancing vs. 1,846 declining with 161 unchanged.
The Materials & Construction industry currently sits down 1.3% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include
(
), down 15.7%, and
(
), down 2.4%. Top gainers within the industry include
(
), up 1.2%,
(
), up 1.1% and
(
), up 0.7%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3.
(
) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, PulteGroup is down $0.38 (-2.1%) to $17.96 on average volume. Thus far, 4.0 million shares of PulteGroup exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $17.88-$18.40 after having opened the day at $18.33 as compared to the previous trading day's close of $18.34.
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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 $6.4 billion and is part of the industrial goods sector. Shares are down 14.5% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that 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 down $1.22 (-2.4%) to $48.76 on heavy volume. Thus far, 2.1 million shares of Lennar exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $48.43-$49.96 after having opened the day at $49.93 as compared to the previous trading day's close of $49.98.
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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 $9.0 billion and is part of the industrial goods sector. Shares are up 11.5% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that 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, compelling growth in net income and good cash flow from operations. 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 down $2.96 (-1.1%) to $267.74 on light volume. Thus far, 256,274 shares of Sherwin-Williams exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $267.72-$272.19 after having opened the day at $271.49 as compared to the previous trading day's close of $270.70.
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The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America. Sherwin-Williams has a market cap of $25.1 billion and is part of the basic materials sector. Shares are up 2.9% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Sherwin-Williams a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Sherwin-Williams
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. 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
Sherwin-Williams Ratings Report
now.
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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
(
).