4 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 19 points (-0.1%) at 13,006 as of Monday, Dec. 3, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,239 issues advancing vs. 1,655 declining with 129 unchanged.

The Materials & Construction industry currently sits up 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Gafisa ( GFA), up 4.1%, Cemex S.A.B. de C.V ( CX), up 1.7%, PulteGroup ( PHM), up 0.8% and Fluor Corporation ( FLR), up 0.8%. A company within the industry that fell today was Universal Forest Products ( UFPI), up 3.1%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Foster Wheeler ( FWLT) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Foster Wheeler is up $0.32 (1.4%) to $22.78 on light volume Thus far, 296,594 shares of Foster Wheeler exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $22.46-$22.88 after having opened the day at $22.57 as compared to the previous trading day's close of $22.46.

Foster Wheeler AG, through its subsidiaries, operates as an engineering and construction contractor; and power generating equipment supplier worldwide. Foster Wheeler has a market cap of $2.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 17.3% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Foster Wheeler a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Foster Wheeler as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Foster Wheeler Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

3. As of noon trading, Standard Pacific ( SPF) is up $0.15 (2.2%) to $6.85 on light volume Thus far, 1.2 million shares of Standard Pacific exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $6.69-$6.88 after having opened the day at $6.75 as compared to the previous trading day's close of $6.70.

Standard Pacific Corp. operates as a diversified builder of single-family attached and detached homes in the United States. Standard Pacific has a market cap of $1.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 42.9, above the S&P 500 P/E ratio of 17.7. Shares are up 115.7% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Standard Pacific a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Standard Pacific as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Standard Pacific Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

2. As of noon trading, Martin Marietta Materials ( MLM) is up $0.90 (1.0%) to $90.90 on average volume Thus far, 215,009 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 463,800 shares. The stock has ranged in price between $88.84-$91.14 after having opened the day at $91.01 as compared to the previous trading day's close of $90.00.

Martin Marietta Materials, Inc., together with its subsidiaries, engages in the production and sale of aggregates for the construction industry primarily in the United States, Canada, the Bahamas, and the Caribbean Islands. Martin Marietta Materials has a market cap of $4.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 58.6, above the S&P 500 P/E ratio of 17.7. Shares are up 19.3% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Martin Marietta Materials a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Martin Marietta Materials as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. Get the full Martin Marietta Materials Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

1. As of noon trading, Toll Brothers ( TOL) is up $0.32 (1.0%) to $32.16 on average volume Thus far, 1.3 million shares of Toll Brothers exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $31.74-$32.39 after having opened the day at $31.86 as compared to the previous trading day's close of $31.84.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for single-family detached and attached homes in luxury residential communities. Toll Brothers has a market cap of $5.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 59.4, above the S&P 500 P/E ratio of 17.7. Shares are up 55.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Toll Brothers a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Toll Brothers 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, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Toll Brothers Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

If you are interested in one of these 4 stocks, 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).

A reminder about TheStreet Ratings group: 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.
null