4 Materials & Construction Stocks Moving The Industry Upward

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 15,089 as of Monday, May 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,245 issues advancing vs. 1,704 declining with 112 unchanged.

The Materials & Construction industry currently sits down 0.09 versus the S&P 500, which is unchanged.

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

4. Plum Creek Timber ( PCL) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Plum Creek Timber is up $0.36 (0.69) to $52.57 on average volume Thus far, 304,966 shares of Plum Creek Timber exchanged hands as compared to its average daily volume of 769,500 shares. The stock has ranged in price between $52.20-$52.65 after having opened the day at $52.20 as compared to the previous trading day's close of $52.21.

Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. Plum Creek Timber has a market cap of $8.5 billion and is part of the financial sector. The company has a P/E ratio of 36.7, above the S&P 500 P/E ratio of 17.7. Shares are up 17.4% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Plum Creek Timber a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Plum Creek Timber as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Plum Creek Timber Ratings Report now.

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3. As of noon trading, Fastenal Company ( FAST) is up $0.62 (1.22) to $51.40 on average volume Thus far, 1.0 million shares of Fastenal Company exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $50.55-$51.66 after having opened the day at $50.55 as compared to the previous trading day's close of $50.78.

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners and other industrial and construction supplies under the Fastenal name. Fastenal Company has a market cap of $14.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 33.6, above the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Fastenal Company a buy, 1 analyst rates it a sell, and 7 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 growth in earnings per share. 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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2. As of noon trading, Lennar Corporation ( LEN) is up $0.37 (0.87) to $43.05 on light volume Thus far, 1.5 million shares of Lennar Corporation exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $42.45-$43.43 after having opened the day at $42.47 as compared to the previous trading day's close of $42.68.

Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. Lennar Corporation has a market cap of $6.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are up 9.6% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Lennar Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Lennar Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Lennar Corporation 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.

1. As of noon trading, PulteGroup ( PHM) is up $0.25 (1.08) to $23.47 on light volume Thus far, 2.6 million shares of PulteGroup exchanged hands as compared to its average daily volume of 9.6 million shares. The stock has ranged in price between $23.06-$23.54 after having opened the day at $23.15 as compared to the previous trading day's close of $23.22.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $8.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 29.3, above the S&P 500 P/E ratio of 17.7. Shares are up 27.9% 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 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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