Louisiana-Pacific Corp. (LPX): 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.

Louisiana-Pacific ( LPX) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day down 0.8%. By the end of trading, Louisiana-Pacific rose $0.57 (3.2%) to $18.16 on heavy volume. Throughout the day, 4,143,662 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2,600,300 shares. The stock ranged in a price between $17.31-$18.16 after having opened the day at $17.42 as compared to the previous trading day's close of $17.59. Other companies within the Materials & Construction industry that increased today were: Caesarstone Sdot-Yam ( CSTE), up 5.2%, Sterling Construction Company ( STRL), up 3.1%, Vulcan Materials Company ( VMC), up 2.9% and Patrick Industries ( PATK), up 2.8%.

Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.4 billion and is part of the services sector. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. Shares are down 5.0% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Louisiana-Pacific a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Louisiana-Pacific 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, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Desarrolladora Homex SAB de CV ADR ( HXM), down 10.4%, MagneGas Corporation ( MNGA), down 9.8%, Real Goods Solar ( RSOL), down 8.6% and Guanwei Recycling ( GPRC), down 6.8% , were all laggards within the materials & construction industry with Cemex S.A.B. de C.V ( CX) 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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