5 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.2%) at 14,513 as of Friday, March 15, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,309 issues advancing vs. 1,578 declining with 140 unchanged.

The Materials & Construction industry currently sits down 0.3% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Great Lakes Dredge & Dock Corporation ( GLDD), down 18.3%, Quanta Services ( PWR), down 1.2%, James Hardie Industries ( JHX), down 1.0% and DR Horton ( DHI), down 0.6%.

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

5. Martin Marietta Materials ( MLM) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Martin Marietta Materials is down $1.34 (-1.3%) to $103.36 on heavy volume Thus far, 468,304 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 359,700 shares. The stock has ranged in price between $103.01-$105.16 after having opened the day at $104.45 as compared to the previous trading day's close of $104.71.

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 $4.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 57.3, above the S&P 500 P/E ratio of 17.7. Shares are up 11.1% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Martin Marietta Materials a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Martin Marietta Materials as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Martin Marietta Materials Ratings Report now.

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