Today's Top Performers In Materials & Construction

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 54 points (-0.3%) at 16,409 as of Thursday, Jan. 9, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,224 issues advancing vs. 1,713 declining with 144 unchanged.

The Materials & Construction industry currently sits up 0.7% versus the S&P 500, which is down 0.2%. A company within the industry that increased today was Cemex S.A.B. de C.V ( CX), up 1.6%. On the negative front, top decliners within the industry include Foster Wheeler ( FWLT), down 1.6%, James Hardie Industries ( JHX), down 1.6%, Plum Creek Timber ( PCL), down 1.2%, PulteGroup ( PHM), down 1.1% and Sherwin-Williams Company ( SHW), down 0.6%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. NVR ( NVR) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, NVR is up $9.92 (1.0%) to $1,019.82 on average volume. Thus far, 23,868 shares of NVR exchanged hands as compared to its average daily volume of 36,600 shares. The stock has ranged in price between $1,000.00-$1,022.93 after having opened the day at $1,019.00 as compared to the previous trading day's close of $1,009.90.

NVR, Inc. operates as a homebuilder in the United States. The company engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the trade names of Ryan Homes, NVHomes, Fox Ridge Homes, and Heartland Homes. NVR has a market cap of $4.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate NVR a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates NVR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, increase in stock price during the past year and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full NVR 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.

3. As of noon trading, Quanta Services ( PWR) is up $0.20 (0.6%) to $31.52 on heavy volume. Thus far, 1.4 million shares of Quanta Services exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $31.34-$31.71 after having opened the day at $31.46 as compared to the previous trading day's close of $31.32.

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 $6.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are down 0.8% year to date as of the close of trading on Wednesday. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Fastenal Company ( FAST) is up $0.32 (0.7%) to $46.20 on light volume. Thus far, 629,603 shares of Fastenal Company exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $45.81-$46.32 after having opened the day at $46.00 as compared to the previous trading day's close of $45.88.

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners and other industrial and construction supplies under the Fastenal name. Fastenal Company has a market cap of $13.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 30.4, above the S&P 500 P/E ratio of 17.7. Shares are down 3.4% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Fastenal Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Fastenal Company 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, notable return on equity, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Fastenal Company 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.

1. As of noon trading, DR Horton ( DHI) is up $0.11 (0.5%) to $21.69 on light volume. Thus far, 2.7 million shares of DR Horton exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $21.59-$22.00 after having opened the day at $21.86 as compared to the previous trading day's close of $21.58.

D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 78 markets in the United States under the D.R. Horton, America's Builder, Emerald Homes, and Breland Homes. DR Horton has a market cap of $6.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are down 3.3% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate DR Horton a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, 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 somewhat disappointing return on equity. Get the full DR Horton 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 4 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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