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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 24 points (0.2%) at 14,421 as of Monday, March 11, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,375 issues advancing vs. 1,531 declining with 142 unchanged.

The Materials & Construction industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Empresas ICA S.A.B. de C.V ( ICA), up 2.9%, and Weyerhaeuser ( WY), up 0.7%. A company within the industry that fell today was Fluor Corporation ( FLR), up 0.8%.

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

4. Armstrong World Industries ( AWI) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Armstrong World Industries is up $0.60 (1.1%) to $53.99 on light volume Thus far, 80,255 shares of Armstrong World Industries exchanged hands as compared to its average daily volume of 324,800 shares. The stock has ranged in price between $53.28-$54.19 after having opened the day at $53.28 as compared to the previous trading day's close of $53.39.

Armstrong World Industries, Inc. engages in the design, manufacture, and sale of flooring products and ceiling systems worldwide. Armstrong World Industries has a market cap of $3.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Armstrong World Industries a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Armstrong World Industries as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Armstrong World Industries Ratings Report now.

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