5 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,897 as of Wednesday, Dec. 18, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,497 issues advancing vs. 1,411 declining with 169 unchanged.

The Materials & Construction industry currently sits up 0.4% versus the S&P 500, which is unchanged. Top gainers within the industry include Louisiana-Pacific ( LPX), up 2.7%, Quanta Services ( PWR), up 2.5%, James Hardie Industries ( JHX), up 1.9%, Weyerhaeuser ( WY), up 1.8% and NVR ( NVR), up 1.5%. A company within the industry that fell today was Republic Services ( RSG), up 1.9%.

TheStreet would like to highlight 5 stocks pushing the industry higher today:

5. Fluor Corporation ( FLR) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Fluor Corporation is up $0.52 (0.7%) to $76.32 on average volume. Thus far, 513,935 shares of Fluor Corporation exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $75.84-$77.06 after having opened the day at $76.07 as compared to the previous trading day's close of $75.80.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. Fluor Corporation has a market cap of $12.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 25.0, above the S&P 500 P/E ratio of 17.7. Shares are up 29.0% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Fluor Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Fluor Corporation as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Fluor Corporation 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 liked this article you might like

Have Faith That Fluor Will Recover

Have Faith That Fluor Will Recover

14 Stocks That Could Skyrocket From Trump's Border Wall With Mexico

Trader's Daily Notebook: Apple's Chart Looks Really Good

What Happened to American Society Is Happening to the Stock Market, Too: Market Recon