All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 67 points (-0.4%) at 18,405 as of Thursday, July 28, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,296 issues advancing vs. 1,538 declining with 200 unchanged.

The Materials & Construction industry currently sits down 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include

Chicago Bridge & Iron

(

CBI

), down 2.8%,

Weyerhaeuser

(

WY

), down 1.1% and

Stericycle

(

SRCL

), down 0.7%. Top gainers within the industry include

Norbord

(

OSB

), up 3.9%,

Cemex SAB de CV

(

CX

), up 2.1%,

Masco

(

MAS

), up 1.9% and

Sherwin-Williams

(

SHW

), up 1.2%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3.

Meritage Homes

(

MTH

) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Meritage Homes is down $2.32 (-5.7%) to $38.23 on heavy volume. Thus far, 299,735 shares of Meritage Homes exchanged hands as compared to its average daily volume of 381,900 shares. The stock has ranged in price between $38.11-$40.19 after having opened the day at $39.98 as compared to the previous trading day's close of $40.55.

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.

Meritage Homes Corporation designs and builds single-family detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. Meritage Homes has a market cap of $1.6 billion and is part of the industrial goods sector. Shares are up 19.3% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Meritage Homes a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Meritage Homes

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

Meritage Homes Ratings Report

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.

2. As of noon trading,

Fluor

(

FLR

) is down $0.55 (-1.0%) to $53.42 on light volume. Thus far, 337,410 shares of Fluor exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $53.32-$53.99 after having opened the day at $53.72 as compared to the previous trading day's close of $53.97.

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.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide. Fluor has a market cap of $7.5 billion and is part of the industrial goods sector. Shares are up 14.3% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Fluor a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Fluor

as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share. Get the full

Fluor Ratings Report

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.

1. As of noon trading,

PulteGroup

(

PHM

) is down $0.24 (-1.1%) to $21.88 on heavy volume. Thus far, 4.8 million shares of PulteGroup exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $21.64-$22.10 after having opened the day at $22.00 as compared to the previous trading day's close of $22.11.

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.

PulteGroup, Inc., through its subsidiaries, engages primarily in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land. PulteGroup has a market cap of $7.6 billion and is part of the industrial goods sector. Shares are up 24.1% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate PulteGroup a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates

PulteGroup

as a

buy

. 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 its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

PulteGroup Ratings Report

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

SPDR S&P Homebuilders ETF

(

XHB

) while those bearish on the materials & construction industry could consider

ProShares Short Basic Materials Fd

(

SBM

).