Martin Marietta Materials (MLM): 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.

Martin Marietta Materials ( MLM) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Martin Marietta Materials fell $1.16 (-1.2%) to $99.24 on average volume. Throughout the day, 532,687 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 362,000 shares. The stock ranged in price between $98.39-$100.49 after having opened the day at $100.01 as compared to the previous trading day's close of $100.40. Other companies within the Materials & Construction industry that declined today were: Tile Shop Holdings ( TTS), down 12.3%, Industrial Services of America ( IDSA), down 9.4%, Vertex Energy ( VTNR), down 6.1% and Pure Cycle Corporation ( PCYO), down 5.9%.

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 $4.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 43.7, above the S&P 500 P/E ratio of 17.7. Shares are up 6.5% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates 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, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, McDermott International ( MDR), up 3.8%, China Recycling Energy Corporation ( CREG), up 3.7%, Avalon Holdings ( AWX), up 3.6% and Gafisa ( GFA), up 2.2%.

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.

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