Materials & Construction Stocks On The Rise With Help From 5 Stocks

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 3 points (0.0%) at 14,977 as of Monday, May 6, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,675 issues advancing vs. 1,221 declining with 157 unchanged.

The Materials & Construction industry currently sits up 0.4% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Progressive Waste Solutions ( BIN), up 3.3%, Standard Pacific ( SPF), up 2.4%, Louisiana-Pacific ( LPX), up 1.8%, EMCOR Group ( EME), up 1.6% and Clean Harbors ( CLH), up 1.5%. On the negative front, top decliners within the industry include Nortek ( NTK), down 2.52, and Empresas ICA S.A.B. de C.V ( ICA), down 1.50.

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

5. Quanta Services ( PWR) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Quanta Services is up $0.51 (1.76) to $29.43 on light volume Thus far, 697,908 shares of Quanta Services exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $28.86-$29.43 after having opened the day at $28.91 as compared to the previous trading day's close of $28.92.

Quanta Services, Inc. provides specialty contracting services and infrastructure solutions in North America and internationally. It operates in three segments: Electric Power Infrastructure Services; Natural Gas and Pipeline Infrastructure Services; and Fiber Optic Licensing and Other. Quanta Services has a market cap of $6.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 6.0% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Quanta Services a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Quanta Services as a buy. 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Quanta Services Ratings Report now.

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4. As of noon trading, Owens-Corning ( OC) is up $0.32 (0.75) to $43.14 on light volume Thus far, 482,920 shares of Owens-Corning exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $42.63-$43.30 after having opened the day at $43.05 as compared to the previous trading day's close of $42.82.

Owens Corning produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in two segments, Composites and Building Materials. Owens-Corning has a market cap of $5.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 104.7, above the S&P 500 P/E ratio of 17.7. Shares are up 15.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Owens-Corning a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Owens-Corning 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, good cash flow from operations, solid stock price performance 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 Owens-Corning Ratings Report now.

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3. As of noon trading, KB Home ( KBH) is up $0.40 (1.67) to $24.42 on average volume Thus far, 1.9 million shares of KB Home exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $23.95-$24.60 after having opened the day at $24.06 as compared to the previous trading day's close of $24.02.

KB Home operates as a homebuilding and financial services company in the United States. The company constructs and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers. KB Home has a market cap of $1.9 billion and is part of the industrial goods sector. Shares are up 52.0% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate KB Home a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates KB Home as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and poor profit margins. Get the full KB Home Ratings Report now.

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2. As of noon trading, Chicago Bridge & Iron Company ( CBI) is up $0.97 (1.76) to $56.19 on average volume Thus far, 1.1 million shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $55.25-$56.61 after having opened the day at $55.34 as compared to the previous trading day's close of $55.22.

Chicago Bridge & Iron Company N.V., an energy infrastructure focused company, provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to customers in the energy, petrochemical, and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $5.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7. Shares are up 19.1% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Chicago Bridge & Iron Company a buy, 1 analyst rates it a sell, and 2 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, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Chicago Bridge & Iron Company Ratings Report now.

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1. As of noon trading, PulteGroup ( PHM) is up $0.25 (1.12) to $22.57 on light volume Thus far, 3.5 million shares of PulteGroup exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $22.10-$22.57 after having opened the day at $22.28 as compared to the previous trading day's close of $22.32.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $8.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 28.1, above the S&P 500 P/E ratio of 17.7. Shares are up 22.9% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate PulteGroup a buy, 1 analyst rates it a sell, and 7 rate it a hold.

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

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

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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