The materials & construction industry was unchanged today. Continental Materials Corporation ( CUO), Cemex SAB de CV ( CX), Beazer Homes USA Inc ( BZH), and Avalon Holdings ( AWX) were all winners today within the materials & construction industry with Owens Corning Incorporated ( OC) being today's featured materials & construction winner. Owens Corning Incorporated rose 59 cents (2.6%) to $23.50 on average volume. Throughout the day, two million shares of Owens Corning Incorporated exchanged hands as compared to its average daily volume of two million shares.

Owens Corning, through its subsidiaries, provides composite and building materials systems worldwide. It operates in two segments, Composites and Building Materials. Owens Corning Incorporated has a market cap of $2.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 48.8, below the average materials & construction industry P/E ratio of 49.9 and above the S&P 500 P/E ratio of 17.7. Shares are down 27.9% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Owens Corning as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow.

On the negative front, India Globalization Capital Inc ( IGC), PGT Inc ( PGTI), Texas Industries Inc ( TXI), and M/I Homes Inc ( MHO) were all losers within the materials & construction industry with Quanta Services Inc ( PWR) being today's materials & construction industry Loser Spotlight stock.

For investors not wanting singular stock exposure, 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).