4 Materials & Construction Stocks Dragging The Industry Down

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 lower today:

4. Clean Harbors ( CLH) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Clean Harbors is down $1.70 (-3.0%) to $54.01 on light volume Thus far, 185,095 shares of Clean Harbors exchanged hands as compared to its average daily volume of 671,100 shares. The stock has ranged in price between $53.96-$55.59 after having opened the day at $55.59 as compared to the previous trading day's close of $55.71.

Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services in the United States, Puerto Rico, Canada, and internationally. It operates in four segments: Technical Services, Field Services, Industrial Services, and Oil and Gas Field Services. Clean Harbors has a market cap of $3.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 28.2, above the S&P 500 P/E ratio of 17.7. Shares are up 1.2% year to date as of the close of trading on Friday.

TheStreet Ratings rates Clean Harbors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Clean Harbors 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 liked this article you might like

Hurricane Cleanup Could Make These Stocks Stealthy Winners, Analysts Say

Analysts' Actions -- Cognizant, Fitbit, Tempur Sealy, ViaSat and More

Clean Harbors (CLH) Weak On High Volume Today

Clean Harbors (CLH) Showing Signs Of Being Strong And Under The Radar

Insider Trading Alert - IBTX, SAFM And CLH Traded By Insiders