Materials & Construction Stocks On The Rise With Help From 4 Stocks

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 57 points (-0.4%) at 15,601 as of Monday, Aug. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,233 issues advancing vs. 1,686 declining with 120 unchanged.

The Materials & Construction industry currently sits up 0.3% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Fastenal Company ( FAST), down 1.8%, and Masco Corporation ( MAS), down 1.0%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Caesarstone Sdot-Yam ( CSTE) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Caesarstone Sdot-Yam is up $1.65 (4.8%) to $35.93 on heavy volume. Thus far, 238,382 shares of Caesarstone Sdot-Yam exchanged hands as compared to its average daily volume of 213,700 shares. The stock has ranged in price between $34.13-$36.90 after having opened the day at $34.64 as compared to the previous trading day's close of $34.28.

Caesarstone Sdot-Yam Ltd. manufactures and sells engineered quartz surfaces under the Caesarstone brand primarily in Australia, the United States, Canada, and Israel. Caesarstone Sdot-Yam has a market cap of $1.1 billion and is part of the industrial goods sector. Currently there are 4 analysts that rate Caesarstone Sdot-Yam a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Caesarstone Sdot-Yam as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Caesarstone Sdot-Yam Ratings Report now.

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

If you liked this article you might like

7 Stocks Ripping Higher on Unusual Volume

Caesarstone (CSTE) Stock Soars on Q2 Results

Caesarstone Sdot-Yam (CSTE) Flagged As Strong On High Volume

Caesarstone Sdot-Yam (CSTE) Weak On High Volume

Today's Dead Cat Bounce Stock: Caesarstone Sdot-Yam (CSTE)