3 Materials & Construction Stocks Pushing The Industry Higher

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 31 points (0.2%) at 16,096 as of Monday, Nov. 25, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,434 issues advancing vs. 1,496 declining with 119 unchanged.

The Materials & Construction industry currently sits down 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Fastenal Company ( FAST), down 1.6%, Chicago Bridge & Iron Company ( CBI), down 1.4%, Plum Creek Timber ( PCL), down 0.8%, Waste Management ( WM), down 0.6% and Republic Services ( RSG), down 0.5%.

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

3. Vulcan Materials Company ( VMC) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Vulcan Materials Company is up $0.82 (1.4%) to $57.61 on average volume. Thus far, 283,640 shares of Vulcan Materials Company exchanged hands as compared to its average daily volume of 651,900 shares. The stock has ranged in price between $56.60-$57.74 after having opened the day at $56.67 as compared to the previous trading day's close of $56.79.

Vulcan Materials Company engages in the production and sale of construction aggregates, as well as asphalt mix, ready-mixed concrete, and cement primarily in the United States. The company operates in four segments: Aggregates, Concrete, Asphalt Mix, and Cement. Vulcan Materials Company has a market cap of $7.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 512.3, above the S&P 500 P/E ratio of 17.7. Shares are up 8.3% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Vulcan Materials Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Vulcan Materials Company as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Vulcan Materials Company Ratings Report now.

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2. As of noon trading, Quanta Services ( PWR) is up $0.33 (1.1%) to $29.45 on light volume. Thus far, 525,153 shares of Quanta Services exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $29.05-$29.46 after having opened the day at $29.14 as compared to the previous trading day's close of $29.12.

Quanta Services, Inc. provides specialty contracting services and infrastructure solutions in North America and internationally. It operates in three segments: Electric Power Infrastructure Services; Natural Gas and Pipeline Infrastructure Services; and Fiber Optic Licensing and Other. Quanta Services has a market cap of $6.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 7.6% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Quanta Services a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Quanta Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Quanta Services Ratings Report now.

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1. As of noon trading, Owens-Corning ( OC) is up $0.91 (2.5%) to $37.78 on average volume. Thus far, 674,833 shares of Owens-Corning exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $36.86-$37.78 after having opened the day at $36.86 as compared to the previous trading day's close of $36.87.

Owens Corning produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in two segments, Composites and Building Materials. Owens-Corning has a market cap of $4.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 67.0, above the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Owens-Corning a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Owens-Corning as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Owens-Corning Ratings Report now.

3x UPSIDE POTENTIAL: 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 3 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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