3 Materials & Construction Stocks Pushing Industry Growth

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 8 points (0.1%) at 15,256 as of Monday, June 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,353 issues advancing vs. 1,578 declining with 107 unchanged.

The Materials & Construction industry currently sits down 0.17 versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Vulcan Materials Company ( VMC), up 2.47. On the negative front, top decliners within the industry include DR Horton ( DHI), down 2.59, Toll Brothers ( TOL), down 2.41 and PulteGroup ( PHM), down 1.99.

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

3. Clean Harbors ( CLH) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Clean Harbors is up $1.01 (1.84) to $55.80 on heavy volume Thus far, 630,292 shares of Clean Harbors exchanged hands as compared to its average daily volume of 479,900 shares. The stock has ranged in price between $55.62-$56.34 after having opened the day at $56.20 as compared to the previous trading day's close of $54.79.

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 $3.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 27.8, above the S&P 500 P/E ratio of 17.7. Shares are down 0.4% year to date as of the close of trading on Friday. 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, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Martin Marietta Materials ( MLM) is up $1.10 (1.03) to $107.71 on light volume Thus far, 148,713 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 414,800 shares. The stock has ranged in price between $105.55-$107.92 after having opened the day at $106.93 as compared to the previous trading day's close of $106.61.

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 $4.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 52.7, above the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Martin Marietta Materials a buy, no analysts rate it a sell, and 7 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Martin Marietta Materials Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Fluor Corporation ( FLR) is up $0.46 (0.73) to $63.32 on light volume Thus far, 336,280 shares of Fluor Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $62.40-$63.48 after having opened the day at $63.00 as compared to the previous trading day's close of $62.86.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. Fluor Corporation has a market cap of $10.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.1, above the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Fluor Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Fluor Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Fluor Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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.

null

More from Markets

Dow Tumbles as Trump Calls Off North Korea Summit

Dow Tumbles as Trump Calls Off North Korea Summit

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Stocks Could Easily Crater Into Memorial Day Weekend

Stocks Could Easily Crater Into Memorial Day Weekend

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Celgene Shares Rise on Plans to Increase Stock Buybacks

Celgene Shares Rise on Plans to Increase Stock Buybacks