Today's Stocks Driving Success For The Materials & Construction Industry

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 47 points (0.3%) at 15,382 as of Tuesday, May 21, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,570 issues advancing vs. 1,367 declining with 136 unchanged.

The Materials & Construction industry currently sits down 0.49 versus the S&P 500, which is up 0.2%. Top gainers within the industry include Fastenal Company ( FAST), up 1.4%, and Republic Services ( RSG), up 0.6%. On the negative front, top decliners within the industry include Lennar Corporation ( LEN), down 2.55, PulteGroup ( PHM), down 2.41 and Cemex S.A.B. de C.V ( CX), down 2.24.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Waste Connections ( WCN) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Waste Connections is up $0.60 (1.50) to $40.62 on light volume Thus far, 142,221 shares of Waste Connections exchanged hands as compared to its average daily volume of 558,800 shares. The stock has ranged in price between $40.07-$40.70 after having opened the day at $40.12 as compared to the previous trading day's close of $40.02.

Waste Connections, Inc., an integrated solid waste services company, provides solid waste collection, transfer, disposal, and recycling services. The company operates in four segments: Western, Central, Eastern, and Exploration and Production (E&P). Waste Connections has a market cap of $4.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 29.1, above the S&P 500 P/E ratio of 17.7. Shares are up 18.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Waste Connections a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Waste Connections as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Waste Connections Ratings Report now.

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2. As of noon trading, Clean Harbors ( CLH) is up $0.90 (1.54) to $58.92 on light volume Thus far, 217,886 shares of Clean Harbors exchanged hands as compared to its average daily volume of 646,800 shares. The stock has ranged in price between $58.12-$59.20 after having opened the day at $58.12 as compared to the previous trading day's close of $58.03.

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 $3.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 29.5, above the S&P 500 P/E ratio of 17.7. Shares are up 5.5% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 1 rates it a hold.

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.

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1. As of noon trading, Sherwin-Williams Company ( SHW) is up $1.53 (0.81) to $190.24 on light volume Thus far, 175,842 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 767,000 shares. The stock has ranged in price between $188.45-$190.72 after having opened the day at $188.45 as compared to the previous trading day's close of $188.71.

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North America, South America, Europe, Asia, and the Caribbean region. Sherwin-Williams Company has a market cap of $19.7 billion and is part of the basic materials sector. The company has a P/E ratio of 30.9, above the S&P 500 P/E ratio of 17.7. Shares are up 22.7% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Sherwin-Williams Company a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Sherwin-Williams Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, notable return on equity, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Sherwin-Williams Company Ratings Report now.

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If you are interested in one of these 3 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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Waste Connections (WCN) Hits New Lifetime High Today

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New Lifetime High Reached By Waste Connections (WCN)

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