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

PulteGroup ( PHM) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.2%. By the end of trading, PulteGroup fell $0.56 (-2.9%) to $18.59 on average volume. Throughout the day, 7,720,513 shares of PulteGroup exchanged hands as compared to its average daily volume of 9,811,800 shares. The stock ranged in price between $18.27-$19.31 after having opened the day at $19.27 as compared to the previous trading day's close of $19.15. Other companies within the Materials & Construction industry that declined today were: Integrated Electrical Services ( IESC), down 6.7%, M.D.C. Holdings ( MDC), down 6.7%, India Globalization Capital ( IGC), down 6.5% and Meritage Homes Corporation ( MTH), down 5.6%.

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. Shares are up 4.6% 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 9 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, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, China Recycling Energy Corporation ( CREG), up 14.0%, TRC Companies ( TRR), up 8.7%, Real Goods Solar ( RSOL), up 6.5% and Avalon Holdings ( AWX), up 5.7% , were all gainers within the materials & construction industry with Sherwin-Williams Company ( SHW) being today's featured materials & construction industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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