5 Stocks Pushing The Materials & Construction Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 13,082 as of Monday, Nov. 5, 2012, 1:34 PM ET. The NYSE advances/declines ratio sits at 1,351 issues advancing vs. 1,574 declining with 129 unchanged.

The Materials & Construction industry currently sits up 1.0% versus the S&P 500, which is down 0.1%. Top gainers within the industry include USG ( USG), up 2.9%, Chicago Bridge & Iron Company ( CBI), up 1.8%, Quanta Services ( PWR), up 2.0% and Republic Services ( RSG), up 0.3%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Fluor Corporation ( FLR) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Fluor Corporation is up $0.86 (1.6%) to $52.87 on light volume Thus far, 945,842 shares of Fluor Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $51.45-$52.97 after having opened the day at $51.65 as compared to the previous trading day's close of $52.01.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. Fluor Corporation has a market cap of $9.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.0, below the S&P 500 P/E ratio of 17.7. Shares are up 3.5% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Fluor Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Fluor Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Fluor Corporation Ratings Report now.

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