Quanta Services Inc. (PWR): Today's Featured Materials & Construction Winner

Quanta Services ( PWR) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.1%. By the end of trading, Quanta Services rose $0.37 (1.4%) to $26.77 on average volume. Throughout the day, 2,694,284 shares of Quanta Services exchanged hands as compared to its average daily volume of 1,888,800 shares. The stock ranged in a price between $26.54-$27.10 after having opened the day at $26.64 as compared to the previous trading day's close of $26.40. Other companies within the Materials & Construction industry that increased today were: China Recycling Energy Corporation ( CREG), up 19.1%, Guanwei Recycling ( GPRC), up 9.4%, India Globalization Capital ( IGC), up 9.1% and TRC Companies ( TRR), up 5.7%.

Quanta Services, Inc. provides specialty contracting services and infrastructure solutions in North America and internationally. It operates in three segments: Electric Power Infrastructure Services; Natural Gas and Pipeline Infrastructure Services; and Fiber Optic Licensing and Other. Quanta Services has a market cap of $5.5 billion and is part of the industrial goods sector. Shares are down 3.3% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Quanta Services a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Quanta Services 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, 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 negative front, Perma-Fix Environmental Services ( PESI), down 6.1%, Goldfield ( GV), down 4.4%, Ryland Group ( RYL), down 3.7% and Empresas ICA S.A.B. de C.V ( ICA), down 3.6% , were all laggards within the materials & construction industry with Lennar Corporation ( LEN) 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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