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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 135 points (1.0%) at 13,995 as of Friday, Feb. 1, 2013, 11:44 AM ET. The NYSE advances/declines ratio sits at 2,283 issues advancing vs. 634 declining with 96 unchanged.

The Materials & Construction industry currently sits up 0.6% versus the S&P 500, which is up 0.9%. Top gainers within the industry include Fluor Corporation ( FLR), up 1.8%, Masco Corporation ( MAS), up 1.4%, Sherwin-Williams Company ( SHW), up 1.2%, Cemex S.A.B. de C.V ( CX), up 1.3% and DR Horton ( DHI), up 1.4%. A company within the industry that fell today was James Hardie Industries ( JHX), up 1.7%.

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

4. M.D.C. Holdings ( MDC) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, M.D.C. Holdings is up $1.35 (3.4%) to $40.67 on heavy volume Thus far, 722,993 shares of M.D.C. Holdings exchanged hands as compared to its average daily volume of 678,800 shares. The stock has ranged in price between $39.87-$41.20 after having opened the day at $39.87 as compared to the previous trading day's close of $39.32.

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States. M.D.C. Holdings has a market cap of $2.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 149.1, above the S&P 500 P/E ratio of 17.7. Shares are up 13.6% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates M.D.C. Holdings a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates M.D.C. Holdings as a hold. 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 and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full M.D.C. Holdings Ratings Report now.

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3. As of noon trading, Stericycle Incorporated ( SRCL) is up $0.89 (0.9%) to $95.24 on light volume Thus far, 119,345 shares of Stericycle Incorporated exchanged hands as compared to its average daily volume of 420,200 shares. The stock has ranged in price between $94.31-$95.24 after having opened the day at $94.74 as compared to the previous trading day's close of $94.35.

Stericycle, Inc., together with its subsidiaries, provides regulated waste management and related services. Stericycle Incorporated has a market cap of $8.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 31.4, above the S&P 500 P/E ratio of 17.7. Shares are up 1.6% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Stericycle Incorporated a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Stericycle Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and increase in stock price during the past year. 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 Stericycle Incorporated Ratings Report now.

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2. As of noon trading, Chicago Bridge & Iron Company ( CBI) is up $0.78 (1.5%) to $51.59 on light volume Thus far, 459,237 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $50.95-$51.75 after having opened the day at $50.96 as compared to the previous trading day's close of $50.81.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to energy and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $4.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.8, equal to the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Chicago Bridge & Iron Company a buy, no analysts rate it a sell, and 3 rate it a hold.

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

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1. As of noon trading, Fastenal Company ( FAST) is up $0.78 (1.6%) to $50.46 on light volume Thus far, 492,067 shares of Fastenal Company exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $49.74-$50.47 after having opened the day at $49.90 as compared to the previous trading day's close of $49.68.

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 $14.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 34.8, above the S&P 500 P/E ratio of 17.7. Shares are up 5.9% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Fastenal Company a buy, 1 analyst rates it a sell, and 6 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, expanding profit margins and good cash flow from operations. 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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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.

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