PulteGroup Inc (PHM): Today's Featured Materials & Construction Winner

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.

PulteGroup ( PHM) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 1.5%. By the end of trading, PulteGroup rose $0.37 (2.0%) to $18.62 on average volume. Throughout the day, 8,859,804 shares of PulteGroup exchanged hands as compared to its average daily volume of 8,580,900 shares. The stock ranged in a price between $18.28-$18.80 after having opened the day at $18.33 as compared to the previous trading day's close of $18.25. Other companies within the Materials & Construction industry that increased today were: India Globalization Capital ( IGC), up 8.1%, Quanex Building Products ( NX), up 6.8%, Sterling Construction Company ( STRL), up 6.5% and MagneGas Corporation ( MNGA), up 6.1%.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $7.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 2.9, below the S&P 500 P/E ratio of 17.7. Shares are up 0.5% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate PulteGroup a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates PulteGroup as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, A V Homes ( AVHI), down 3.6%, China Recycling Energy Corporation ( CREG), down 2.8%, China Ceramics ( CCCL), down 2.8% and Integrated Electrical Services ( IESC), down 2.5% , were all laggards within the materials & construction industry with Fastenal Company ( FAST) being today's materials & construction industry laggard.

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).

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