5 Stocks Pushing The Materials & Construction Industry Downward

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 91 points (-0.6%) at 15,838 as of Wednesday, Jan. 29, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 929 issues advancing vs. 2,026 declining with 145 unchanged.

The Materials & Construction industry currently sits down 0.6% versus the S&P 500, which is down 0.4%. A company within the industry that fell today was Progressive Waste Solutions ( BIN), up 1.6%.

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

5. Owens-Corning ( OC) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Owens-Corning is down $0.46 (-1.2%) to $38.41 on light volume. Thus far, 416,531 shares of Owens-Corning exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $38.03-$38.59 after having opened the day at $38.55 as compared to the previous trading day's close of $38.87.

Owens Corning produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in two segments, Composites and Building Materials. Owens-Corning has a market cap of $4.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 70.0, above the S&P 500 P/E ratio of 17.7. Shares are down 4.5% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Owens-Corning a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Owens-Corning 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, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Owens-Corning Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

4. As of noon trading, Plum Creek Timber ( PCL) is down $0.97 (-2.2%) to $43.60 on light volume. Thus far, 376,173 shares of Plum Creek Timber exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $43.50-$44.38 after having opened the day at $44.26 as compared to the previous trading day's close of $44.57.

Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. Plum Creek Timber has a market cap of $7.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 31.4, above the S&P 500 P/E ratio of 17.7. Shares are down 4.2% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Plum Creek Timber a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Plum Creek Timber 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, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Plum Creek Timber Ratings Report now.

STOCKS TO BUY: 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, Masco Corporation ( MAS) is down $0.23 (-1.1%) to $21.54 on light volume. Thus far, 630,651 shares of Masco Corporation exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $21.40-$21.76 after having opened the day at $21.51 as compared to the previous trading day's close of $21.77.

Masco Corporation engages in the manufacture, distribution, and installation of home improvement and building products primarily in North America and Europe. Masco Corporation has a market cap of $7.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 53.0, above the S&P 500 P/E ratio of 17.7. Shares are down 4.4% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Masco Corporation a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Masco Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, impressive record of earnings per share growth and compelling growth 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. Get the full Masco Corporation Ratings Report now.

STOCKS TO BUY: 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, DR Horton ( DHI) is down $0.22 (-1.0%) to $22.78 on average volume. Thus far, 4.1 million shares of DR Horton exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $22.34-$22.95 after having opened the day at $22.59 as compared to the previous trading day's close of $23.00.

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 $6.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 3.0% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate DR Horton a buy, no analysts rate it a sell, and 4 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, attractive valuation levels, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. 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.

STOCKS TO BUY: 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, Cemex S.A.B. de C.V ( CX) is down $0.07 (-0.6%) to $12.57 on light volume. Thus far, 5.0 million shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 14.7 million shares. The stock has ranged in price between $12.28-$12.60 after having opened the day at $12.51 as compared to the previous trading day's close of $12.64.

CEMEX, S.A.B. de C.V., through its subsidiaries, engages in the production and sale of cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia. Cemex S.A.B. de C.V has a market cap of $13.5 billion and is part of the industrial goods sector. Shares are up 6.8% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Cemex S.A.B. de C.V a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cemex S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Cemex S.A.B. de C.V Ratings Report now.

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 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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