PulteGroup Inc (PHM): Today's Featured Materials & Construction Winner

PulteGroup ( PHM) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 1.7%. By the end of trading, PulteGroup rose 88 cents (10.1%) to $9.58 on heavy volume. Throughout the day, 22.7 million shares of PulteGroup exchanged hands as compared to its average daily volume of 12.6 million shares. The stock ranged in a price between $9.10-$9.60 after having opened the day at $9.19 as compared to the previous trading day's close of $8.70. Other companies within the Materials & Construction industry that increased today were: Patrick Industries ( PATK), up 28%, Nobility Homes ( NOBH), up 17.3%, Ryland Group ( RYL), up 14.1%, and Beazer Homes USA ( BZH), up 9.2%.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $3.3 billion and is part of the industrial goods sector. Shares are up 37.9% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate PulteGroup a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates PulteGroup as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, poor profit margins and generally disappointing historical performance in the stock itself.

On the negative front, LSB Industries ( LXU), down 9.5%, Energy Solutions ( ES), down 3%, Tri-Tech ( TRIT), down 2.8%, and Primoris Services ( PRIM), down 2%, were all losers within the materials & construction industry with Waste Management ( WM) being today's materials & construction industry loser.

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).
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