Fluor Corporation (FLR): 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.

Fluor Corporation ( FLR) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.6%. By the end of trading, Fluor Corporation rose $2.25 (2.9%) to $79.90 on heavy volume. Throughout the day, 2,063,129 shares of Fluor Corporation exchanged hands as compared to its average daily volume of 1,277,600 shares. The stock ranged in a price between $77.89-$80.41 after having opened the day at $77.99 as compared to the previous trading day's close of $77.65. Other companies within the Materials & Construction industry that increased today were: China Advanced Construction Materials Group ( CADC), up 21.2%, Caesarstone Sdot-Yam ( CSTE), up 19.6%, Desarrolladora Homex SAB de CV ADR ( HXM), up 8.7% and Owens-Corning ( OC), up 8.7%.

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 $12.6 billion and is part of the industrial goods sector. Shares are down 3.3% year to date as of the close of trading on Tuesday. Currently there are 12 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, increase in stock price during the past year, 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.

On the negative front, China Recycling Energy Corporation ( CREG), down 7.2%, Covanta Holding Corporation ( CVA), down 6.2%, Comstock ( CHCI), down 5.7% and Vertex Energy ( VTNR), down 5.0% , were all laggards within the materials & construction industry with Lennar Corporation ( LEN) 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).

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

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