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.

If you liked this article you might like

Trifecta Stocks: Bracing for the Stock Market's Own Hurricane Season

If You're Not Billionaire Warren Buffett, Don't Buy Bank of America

Trifecta Stocks: War of Words Heats Up as Economy Cools

Trifecta Stocks: Fed Helps Market Build Strong Week