3 Stocks Dragging 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 32 points (-0.2%) at 15,645 as of Thursday, Sept. 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,343 issues advancing vs. 1,599 declining with 112 unchanged.

The Materials & Construction industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Lennar Corporation ( LEN), down 1.9%, DR Horton ( DHI), down 1.8%, Toll Brothers ( TOL), down 1.6% and PulteGroup ( PHM), down 0.9%. Top gainers within the industry include Foster Wheeler ( FWLT), up 2.9%, James Hardie Industries ( JHX), up 2.7%, Rayonier ( RYN), up 2.0%, Cemex S.A.B. de C.V ( CX), up 1.9% and Chicago Bridge & Iron Company ( CBI), up 1.4%.

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

3. Clean Harbors ( CLH) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Clean Harbors is down $0.75 (-1.3%) to $58.88 on average volume. Thus far, 291,711 shares of Clean Harbors exchanged hands as compared to its average daily volume of 496,400 shares. The stock has ranged in price between $58.84-$59.80 after having opened the day at $59.72 as compared to the previous trading day's close of $59.63.

Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services in the United States, Puerto Rico, Canada, and internationally. It operates in four segments: Technical Services, Field Services, Industrial Services, and Oil and Gas Field Services. Clean Harbors has a market cap of $3.6 billion and is part of the industrial goods sector. Shares are up 7.6% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Clean Harbors 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, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Clean Harbors 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, Meritage Homes Corporation ( MTH) is down $1.27 (-2.7%) to $45.36 on average volume. Thus far, 303,735 shares of Meritage Homes Corporation exchanged hands as compared to its average daily volume of 666,600 shares. The stock has ranged in price between $45.18-$47.25 after having opened the day at $46.87 as compared to the previous trading day's close of $46.63.

Meritage Homes Corporation engages in designing and building single-family detached homes. It offers a range of homes for various homebuyers, including first-time, move-up, active adult, and luxury. The company provides its homes under the Meritage Homes and Monterey Homes names. Meritage Homes Corporation has a market cap of $1.6 billion and is part of the industrial goods sector. Shares are up 24.8% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Meritage Homes Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Meritage Homes Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Meritage Homes Corporation 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, NVR ( NVR) is down $14.81 (-1.6%) to $930.72 on light volume. Thus far, 12,962 shares of NVR exchanged hands as compared to its average daily volume of 40,100 shares. The stock has ranged in price between $928.30-$950.00 after having opened the day at $949.10 as compared to the previous trading day's close of $945.53.

NVR, Inc. operates as a homebuilder in the United States. The company engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the trade names of Ryan Homes, NVHomes, Fox Ridge Homes, and Heartland Homes. NVR has a market cap of $4.2 billion and is part of the industrial goods sector. Shares are down 1.1% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate NVR a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates NVR 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, growth in earnings per share, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full NVR 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 5 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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