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 or Stephanie Link.
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.3%. By the end of trading, Martin Marietta Materials rose $1.45 (1.2%) to $118.16 on light volume. Throughout the day, 390,563 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 738,600 shares. The stock ranged in a price between $116.23-$118.74 after having opened the day at $117.03 as compared to the previous trading day's close of $116.71. Other companies within the Industrial Goods sector that increased today were:
), up 23.8%,
), up 17.6%,
), up 16.6% and
), up 10.2%.
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Martin Marietta Materials, Inc., together with its subsidiaries, engages in the production and sale of aggregates for the construction industry primarily in the United States, Canada, the Bahamas, and the Caribbean Islands. Martin Marietta Materials has a market cap of $5.4 billion and is part of the materials & construction industry. Shares are up 16.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Martin Marietta Materials a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Martin Marietta Materials
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Martin Marietta Materials Ratings Report.
On the negative front,
), down 17.3%,
), down 9.9%,
), down 9.6% and
), down 9.3% , were all laggards within the industrial goods sector with
) being today's industrial goods sector laggard.
- Use our industrial goods section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
) while those bearish on the industrial goods sector could consider
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