Waste Management Inc (WM): Today's Featured Materials & Construction Winner

Waste Management ( WM) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole was unchanged today. By the end of trading, Waste Management rose 43 cents (1.3%) to $33.22 on average volume. Throughout the day, 4.6 million shares of Waste Management exchanged hands as compared to its average daily volume of four million shares. The stock ranged in a price between $32.61-$33.30 after having opened the day at $32.69 as compared to the previous trading day's close of $32.79. Other companies within the Materials & Construction industry that increased today were: Primoris Services Corporation ( PRIM), up 6.4%, Real Goods Solar ( RSOL), up 5.5%, Heckmann ( HEK), up 5.1%, and Ecology and Environment ( EEI), up 4.5%.

Waste Management, Inc., through its subsidiaries, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services. Waste Management has a market cap of $14.98 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.9, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Waste Management a buy, two analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Nobility Homes ( NOBH), down 19.1%, Patrick Industries ( PATK), down 5.7%, Beazer Homes USA ( BZH), down 4.6%, and Guanwei Recycling ( GPRC), down 4.3%, were all losers within the materials & construction industry with Cemex S.A.B. de C.V ( CX) 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).