Chicago Bridge & Iron Company (CBI): Today's Featured Materials & Construction Loser

Chicago Bridge & Iron Company ( CBI) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction loser. The industry as a whole closed the day down 1.6%. By the end of trading, Chicago Bridge & Iron Company fell $1.02 (-2.2%) to $44.42 on average volume. Throughout the day, 806,135 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 967,200 shares. The stock ranged in price between $44.31-$45.48 after having opened the day at $45.33 as compared to the previous trading day's close of $45.44. Other company's within the Materials & Construction industry that declined today were: Skyline Corporation ( SKY), down 8.7%, Pure Cycle Corporation ( PCYO), down 8.4%, Heckmann ( HEK), down 7.1%, and Armstrong World Industries ( AWI), down 5.3%.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to energy and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $4.35 billion and is part of the industrial goods sector. Currently there are 12 analysts that rate Chicago Bridge & Iron Company a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Chicago Bridge & Iron Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, 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.

On the positive front, India Globalization Capital ( IGC), up 6.5% and PGT ( PGTI), up 3%, were all gainers within the materials & construction industry with Vulcan Materials Company ( VMC) being today's featured materials & construction industry winner.

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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