Lennar Corporation (LEN): 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.

Lennar Corporation ( LEN) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Lennar Corporation fell $1.03 (-2.9%) to $34.69 on average volume. Throughout the day, 6,020,797 shares of Lennar Corporation exchanged hands as compared to its average daily volume of 6,113,100 shares. The stock ranged in price between $34.47-$35.72 after having opened the day at $35.59 as compared to the previous trading day's close of $35.72. Other companies within the Materials & Construction industry that declined today were: Homex Development ( HXM), down 7.8%, KB Home ( KBH), down 5.8%, Texas Industries ( TXI), down 4.9% and M/I Homes ( MHO), down 4.7%.

Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. Lennar Corporation has a market cap of $5.8 billion and is part of the industrial goods sector. Shares are down 6.9% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Lennar Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Lennar Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, increase in net income, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Integrated Electrical Services ( IESC), up 12.8%, China Recycling Energy Corporation ( CREG), up 6.3%, Pure Cycle Corporation ( PCYO), up 5.3% and Perma-Fix Environmental Services ( PESI), up 4.7% , were all gainers within the materials & construction industry with Sherwin-Williams Company ( SHW) being today's featured materials & construction industry leader.

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.

null

More from Markets

Video: What to Expect From Microsoft's Earnings Thursday

Video: What to Expect From Microsoft's Earnings Thursday

Dow, S&P 500 End Higher; Nasdaq Flat

Dow, S&P 500 End Higher; Nasdaq Flat

You Should Be Investing in Video Games: LIVE BLOG

You Should Be Investing in Video Games: LIVE BLOG

Trump's Trade Spats Damage U.S. Energy Companies, May Help China

Trump's Trade Spats Damage U.S. Energy Companies, May Help China

3 'Strong Buy' Healthcare Stocks Poised to Surge

3 'Strong Buy' Healthcare Stocks Poised to Surge