3 Stocks Underperforming Today In The Materials & Construction Industry

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 70 points (0.5%) at 14,846 as of Wednesday, Aug. 28, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,865 issues advancing vs. 1,062 declining with 104 unchanged.

The Materials & Construction industry currently sits down 0.2% versus the S&P 500, which is up 0.6%.

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

3. Dycom Industries ( DY) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Dycom Industries is down $1.61 (-6.1%) to $24.71 on heavy volume. Thus far, 542,564 shares of Dycom Industries exchanged hands as compared to its average daily volume of 161,300 shares. The stock has ranged in price between $23.69-$25.68 after having opened the day at $25.68 as compared to the previous trading day's close of $26.32.

Dycom Industries, Inc. provides specialty contracting services in the United States and Canada. Dycom Industries has a market cap of $887.4 million and is part of the industrial goods sector. Shares are up 32.9% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Dycom Industries a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Dycom Industries as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, good cash flow from operations and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Dycom Industries 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.

2. As of noon trading, DR Horton ( DHI) is down $0.25 (-1.4%) to $17.74 on average volume. Thus far, 4.8 million shares of DR Horton exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $17.58-$17.94 after having opened the day at $17.93 as compared to the previous trading day's close of $17.99.

D.R. Horton, Inc. operates as a homebuilding company. The company engages in the acquisition and development of land; and construction and sale of residential homes in 26 states and 77 markets in the United States primarily under the D.R. Horton, America's Builder name. DR Horton has a market cap of $6.0 billion and is part of the industrial goods sector. Shares are down 9.0% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate DR Horton a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates DR Horton 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 increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full DR Horton 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.

1. As of noon trading, PulteGroup ( PHM) is down $0.11 (-0.7%) to $15.48 on average volume. Thus far, 6.6 million shares of PulteGroup exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $15.16-$15.56 after having opened the day at $15.54 as compared to the previous trading day's close of $15.59.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $6.3 billion and is part of the industrial goods sector. Shares are down 11.1% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate PulteGroup a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates PulteGroup as a hold. 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 reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins. Get the full PulteGroup 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 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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