Louisiana-Pacific Corp. (LPX): Today's Featured Materials & Construction Laggard

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.

Louisiana-Pacific ( LPX) 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, Louisiana-Pacific fell $0.21 (-1.3%) to $15.76 on average volume. Throughout the day, 2,383,044 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 3,126,700 shares. The stock ranged in price between $15.75-$16.28 after having opened the day at $15.84 as compared to the previous trading day's close of $15.97. Other companies within the Materials & Construction industry that declined today were: China Advanced Construction Materials Group ( CADC), down 6.8%, China Recycling Energy Corporation ( CREG), down 6.5%, Industrial Services of America ( IDSA), down 6.0% and Homex Development ( HXM), down 5.9%.

Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.2 billion and is part of the services sector. Shares are down 17.3% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Louisiana-Pacific a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Louisiana-Pacific 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Guanwei Recycling ( GPRC), up 13.4%, Beazer Homes USA ( BZH), up 5.3%, China Ceramics ( CCCL), up 3.2% and Beacon Roofing Supply ( BECN), up 3.2%.

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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