PulteGroup Inc (PHM): Today's Featured Materials & Construction Winner

PulteGroup ( PHM) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 1.6%. By the end of trading, PulteGroup rose $0.35 (1.8%) to $19.38 on average volume. Throughout the day, 11,873,415 shares of PulteGroup exchanged hands as compared to its average daily volume of 9,836,900 shares. The stock ranged in a price between $18.88-$19.43 after having opened the day at $19.30 as compared to the previous trading day's close of $19.03. Other companies within the Materials & Construction industry that increased today were: Homex Development ( HXM), up 11.6%, China Recycling Energy Corporation ( CREG), up 7.9%, Skyline Corporation ( SKY), up 7.8% and United States Lime & Minerals ( USLM), up 7.3%.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $7.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.4, above the S&P 500 P/E ratio of 17.7. Shares are up 4.8% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate PulteGroup a buy, 1 analyst rates it a sell, and 8 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.

On the negative front, Jewett-Cameron Trading Company ( JCTCF), down 10.7%, China Advanced Construction Materials Group ( CADC), down 6.2%, Comstock ( CHCI), down 5.1% and Tri-Tech ( TRIT), down 4.6% , were all laggards within the materials & construction industry with McDermott International ( MDR) being today's materials & construction industry laggard.

For investors not wanting singular stock exposure, 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).

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