3 Stocks Moving The Materials & Construction Industry Upward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 44 points (0.3%) at 15,464 as of Tuesday, Aug. 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,183 issues advancing vs. 1,800 declining with 78 unchanged.

The Materials & Construction industry currently sits down 0.7% versus the S&P 500, which is up 0.2%. Top gainers within the industry include James Hardie Industries ( JHX), up 3.4%, Fastenal Company ( FAST), up 0.8% and Fluor Corporation ( FLR), up 0.5%. On the negative front, top decliners within the industry include Ryland Group ( RYL), down 4.3%, USG ( USG), down 2.9%, Masco Corporation ( MAS), down 2.4%, Plum Creek Timber ( PCL), down 1.6% and Rayonier ( RYN), down 1.3%.

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

3. Foster Wheeler ( FWLT) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Foster Wheeler is up $0.45 (1.8%) to $25.15 on light volume. Thus far, 424,046 shares of Foster Wheeler exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $24.65-$25.20 after having opened the day at $24.80 as compared to the previous trading day's close of $24.70.

Foster Wheeler AG, through its subsidiaries, operates in engineering and construction, as well as power generating equipment businesses worldwide. Foster Wheeler has a market cap of $2.5 billion and is part of the industrial goods sector. Shares are up 2.8% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Foster Wheeler a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Foster Wheeler as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share. Get the full Foster Wheeler Ratings Report now.

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2. As of noon trading, Waste Management ( WM) is up $0.31 (0.7%) to $43.48 on average volume. Thus far, 696,035 shares of Waste Management exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $43.09-$43.49 after having opened the day at $43.22 as compared to the previous trading day's close of $43.17.

Waste Management, Inc. provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling and resource recovery, and disposal services. Waste Management has a market cap of $20.1 billion and is part of the industrial goods sector. Shares are up 28.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Waste Management a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Waste Management 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.

1. As of noon trading, Cemex S.A.B. de C.V ( CX) is up $0.11 (0.9%) to $12.26 on light volume. Thus far, 4.1 million shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 13.8 million shares. The stock has ranged in price between $12.09-$12.28 after having opened the day at $12.10 as compared to the previous trading day's close of $12.15.

CEMEX, S.A.B. de C.V., through its subsidiaries, engages in the production and sale of cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia. Cemex S.A.B. de C.V has a market cap of $13.3 billion and is part of the industrial goods sector. Shares are up 23.2% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Cemex S.A.B. de C.V a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Cemex S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Cemex S.A.B. de C.V 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 are interested in one of these 3 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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