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 down 0.1%. By the end of trading, Lennar Corporation fell $0.79 (-2.2%) to $34.52 on average volume. Throughout the day, 5,532,002 shares of Lennar Corporation exchanged hands as compared to its average daily volume of 5,568,400 shares. The stock ranged in price between $34.22-$35.31 after having opened the day at $35.11 as compared to the previous trading day's close of $35.31. Other companies within the Materials & Construction industry that declined today were: US Ecology ( ECOL), down 4.1%, TRC Companies ( TRR), down 3.8%, Pure Cycle Corporation ( PCYO), down 3.1% and Guanwei Recycling ( GPRC), down 3.0%.

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 $5.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are down 8.7% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Lennar Corporation a buy, no analysts rate it a sell, and 6 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, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Industrial Services of America ( IDSA), up 19.0%, LSB Industries ( LXU), up 4.2%, Real Goods Solar ( RSOL), up 3.2% and Caesarstone Sdot-Yam ( CSTE), up 2.9% , were all gainers within the materials & construction industry with Cemex S.A.B. de C.V ( CX) 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.

If you liked this article you might like

These Stocks Are Ready to Reverse Course

Barclays Turns Cautious on U.S. Home Building

I'm Still Sold on Homebuilders

Mizuho Cuts Ratings for Homebuilders KB Home, PulteGroup