3 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 up today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 12,949 as of Tuesday, Nov. 27, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,707 issues advancing vs. 1,183 declining with 148 unchanged.

The Materials & Construction industry currently sits up 0.3% versus the S&P 500, which is up 0.0%. Top gainers within the industry include Apogee ( APOG), up 5.1%, Texas Industries ( TXI), up 3.5%, USG ( USG), up 1.1% and Chicago Bridge & Iron Company ( CBI), up 0.8%. On the negative front, top decliners within the industry include Louisiana-Pacific ( LPX), down 3.1%, and NVR ( NVR), down 0.7%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Gafisa ( GFA) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Gafisa is up $0.13 (3.5%) to $3.81 on average volume Thus far, 1.0 million shares of Gafisa exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $3.75-$3.84 after having opened the day at $3.77 as compared to the previous trading day's close of $3.68.

Gafisa S.A. operates as a homebuilder in Brazil. Gafisa has a market cap of $815.6 million and is part of the industrial goods sector. The company has a P/E ratio of 153.2, above the S&P 500 P/E ratio of 17.7. Shares are down 17.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Gafisa a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Gafisa as a sell. The company's weaknesses can be seen in multiple areas, such as its poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Gafisa Ratings Report now.

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