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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 42 points (0.3%) at 14,338 as of Thursday, March 7, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,674 issues advancing vs. 1,197 declining with 153 unchanged.

The Materials & Construction industry currently is unchanged today versus the S&P 500, which is up 0.2%. A company within the industry that increased today was Sherwin-Williams Company ( SHW), up 0.6%. A company within the industry that fell today was James Hardie Industries ( JHX), up 1.7%.

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

5. Clean Harbors ( CLH) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Clean Harbors is up $2.13 (4.1%) to $54.21 on average volume Thus far, 523,507 shares of Clean Harbors exchanged hands as compared to its average daily volume of 764,000 shares. The stock has ranged in price between $53.02-$55.20 after having opened the day at $53.02 as compared to the previous trading day's close of $52.08.

Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services. Clean Harbors has a market cap of $2.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.4, above the S&P 500 P/E ratio of 17.7. Shares are down 5.3% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Clean Harbors 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, attractive valuation levels, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Clean Harbors Ratings Report now.

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