3 Stocks Pulling The Materials & Construction Industry Downward

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 44 points (-0.3%) at 15,417 as of Friday, July 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,253 issues advancing vs. 1,644 declining with 132 unchanged.

The Materials & Construction industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Vulcan Materials Company ( VMC), down 1.3%, and James Hardie Industries ( JHX), down 1.6%. Top gainers within the industry include AAON ( AAON), up 4.5%, Caesarstone Sdot-Yam ( CSTE), up 1.6%, Trex Company ( TREX), up 2.0% and Quanta Services ( PWR), up 1.0%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Clean Harbors ( CLH) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Clean Harbors is down $0.29 (-0.5%) to $55.01 on average volume. Thus far, 280,140 shares of Clean Harbors exchanged hands as compared to its average daily volume of 488,700 shares. The stock has ranged in price between $54.05-$55.37 after having opened the day at $55.20 as compared to the previous trading day's close of $55.30.

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. Shares are down 1.4% year to date as of the close of trading on Thursday. 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.

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2. As of noon trading, Rayonier ( RYN) is down $0.43 (-0.8%) to $56.75 on light volume. Thus far, 236,915 shares of Rayonier exchanged hands as compared to its average daily volume of 702,800 shares. The stock has ranged in price between $56.63-$57.12 after having opened the day at $56.93 as compared to the previous trading day's close of $57.18.

Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. Rayonier has a market cap of $7.0 billion and is part of the financial sector. Shares are up 7.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Rayonier a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Rayonier as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Rayonier Ratings Report now.

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1. As of noon trading, Chicago Bridge & Iron Company ( CBI) is down $0.35 (-0.6%) to $61.00 on light volume. Thus far, 423,957 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $60.70-$61.38 after having opened the day at $61.35 as compared to the previous trading day's close of $61.35.

Chicago Bridge & Iron Company N.V., an energy infrastructure focused company, provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to customers in the energy, petrochemical, and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $6.5 billion and is part of the industrial goods sector. Shares are up 31.2% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Chicago Bridge & Iron Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Chicago Bridge & Iron Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Chicago Bridge & Iron Company Ratings Report now.

STOCKS TO BUY: 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 5 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).
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