Lennar Corporation (LEN): Today's Featured Materials & Construction Laggard

Lennar Corporation ( LEN) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Lennar Corporation fell $1.50 (-4.0%) to $35.55 on average volume. Throughout the day, 7,403,380 shares of Lennar Corporation exchanged hands as compared to its average daily volume of 6,073,800 shares. The stock ranged in price between $35.03-$37.18 after having opened the day at $37.12 as compared to the previous trading day's close of $37.05. Other companies within the Materials & Construction industry that declined today were: MagneGas Corporation ( MNGA), down 9.5%, Jewett-Cameron Trading Company ( JCTCF), down 6.3%, DR Horton ( DHI), down 4.6% and Comstock ( CHCI), down 3.8%.

Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. Lennar Corporation has a market cap of $6.1 billion and is part of the industrial goods sector. Shares are down 3.2% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Lennar Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lennar Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Real Goods Solar ( RSOL), up 13.7%, Nuverra Environmental Solutions ( NES), up 5.8%, Xinyuan Real Estate ( XIN), up 5.8% and Gafisa ( GFA), up 5.0% , were all gainers within the materials & construction industry with Chicago Bridge & Iron Company ( CBI) 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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