Martin Marietta Materials (MLM): Today's Featured Industrial Goods Winner

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.

Martin Marietta Materials ( MLM) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole was unchanged today. By the end of trading, Martin Marietta Materials rose $0.97 (1.0%) to $97.11 on light volume. Throughout the day, 165,299 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 351,500 shares. The stock ranged in a price between $95.48-$98.00 after having opened the day at $96.15 as compared to the previous trading day's close of $96.14. Other companies within the Industrial Goods sector that increased today were: China BAK Battery ( CBAK), up 24.3%, China Ming Yang Wind Power Group ( MY), up 9.0%, Ballard Power Systems ( BLDP), up 7.8% and Perma-Fix Environmental Services ( PESI), up 7.5%.

Martin Marietta Materials, Inc., together with its subsidiaries, engages in the production and sale of aggregates for the construction industry primarily in the United States, Canada, the Bahamas, and the Caribbean Islands. Martin Marietta Materials has a market cap of $4.5 billion and is part of the materials & construction industry. Shares are up 2.1% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Martin Marietta Materials a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Martin Marietta Materials as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Ecotality ( ECTY), down 11.0%, Exide Technologies ( XIDE), down 9.4%, AAR Corporation ( AIR), down 9.2% and Jewett-Cameron Trading Company ( JCTCF), down 9.1% , were all laggards within the industrial goods sector with FLIR Systems ( FLIR) being today's industrial goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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