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

Chicago Bridge & Iron Company ( CBI) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day down 0.4%. By the end of trading, Chicago Bridge & Iron Company rose 51 cents (1.4%) to $38.31 on heavy volume. Throughout the day, two million shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $37.24-$38.57 after having opened the day at $37.90 as compared to the previous trading day's close of $37.80. Other companies within the Materials & Construction industry that increased today were: Sharps Compliance Corporation ( SMED), up 5.9%, Pure Cycle Corporation ( PCYO), up 5.5%, Heckmann ( HEK), up 4.9%, and Energy Solutions ( ES), up 3.7%.

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 $3.52 billion and is part of the industrial goods sector. The company has a P/E ratio of 13.7, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Tuesday. 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, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, India Globalization Capital ( IGC), down 10%, Comstock Homebuilding Companies ( CHCI), down 5.5%, Avalon Holdings ( AWX), down 5.3%, and Argan ( AGX), down 4.1%, were all losers within the materials & construction industry with Vulcan Materials Company ( VMC) 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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