4 Stocks Pushing The Materials & Construction Industry Lower

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 up 15 points (0.1%) at 12,980 as of Tuesday, Dec. 4, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,319 issues advancing vs. 1,553 declining with 162 unchanged.

The Materials & Construction industry currently is unchanged today versus the S&P 500, which is down 0.1%. A company within the industry that increased today was Foster Wheeler ( FWLT), up 2.3%.

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

4. Owens Corning Incorporated ( OC) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Owens Corning Incorporated is down $0.33 (-0.9%) to $34.26 on light volume Thus far, 242,564 shares of Owens Corning Incorporated exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $34.26-$34.80 after having opened the day at $34.73 as compared to the previous trading day's close of $34.59.

Owens Corning engages in the provision of composite and building materials systems worldwide. It operates in two segments, Composites and Building Materials. Owens Corning Incorporated has a market cap of $4.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 48.0, above the S&P 500 P/E ratio of 17.7. Shares are up 20.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Owens Corning Incorporated a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Owens Corning Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Owens Corning Incorporated Ratings Report now.

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3. As of noon trading, Fastenal Company ( FAST) is down $0.29 (-0.7%) to $41.80 on light volume Thus far, 395,493 shares of Fastenal Company exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $41.73-$42.20 after having opened the day at $42.15 as compared to the previous trading day's close of $42.09.

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States and internationally. Fastenal Company has a market cap of $12.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 30.3, above the S&P 500 P/E ratio of 17.7. Shares are down 4.1% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Fastenal Company a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Fastenal Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Fastenal Company Ratings Report now.

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2. As of noon trading, Masco Corporation ( MAS) is down $0.16 (-1.0%) to $16.50 on average volume Thus far, 2.1 million shares of Masco Corporation exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $16.42-$16.76 after having opened the day at $16.73 as compared to the previous trading day's close of $16.66.

Masco Corporation manufactures, distributes, and installs home improvement and building products primarily in North America and Europe. Masco Corporation has a market cap of $6.1 billion and is part of the industrial goods sector. Shares are up 61.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Masco Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Masco Corporation as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and weak operating cash flow. Get the full Masco Corporation Ratings Report now.

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1. As of noon trading, DR Horton ( DHI) is down $0.29 (-1.5%) to $19.08 on light volume Thus far, 2.4 million shares of DR Horton exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $19.03-$19.76 after having opened the day at $19.69 as compared to the previous trading day's close of $19.37.

D.R. Horton, Inc. operates as a homebuilding company in the United States. The company's Homebuilding segment engages in the acquisition and development of land, and construction and sale of residential homes in 25 states and 73 markets in the United States primarily under the D.R. DR Horton has a market cap of $6.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 7.0, below the S&P 500 P/E ratio of 17.7. Shares are up 54.3% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate DR Horton a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full DR Horton Ratings Report now.

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If you are interested in one of these 5 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.

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