DR Horton Inc (DHI): 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.

DR Horton ( DHI) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.9%. By the end of trading, DR Horton rose $0.38 (1.6%) to $23.62 on light volume. Throughout the day, 4,936,805 shares of DR Horton exchanged hands as compared to its average daily volume of 7,132,700 shares. The stock ranged in a price between $23.09-$23.66 after having opened the day at $23.23 as compared to the previous trading day's close of $23.24. Other companies within the Materials & Construction industry that increased today were: MagneGas Corporation ( MNGA), up 21.8%, US Ecology ( ECOL), up 11.5%, China Recycling Energy Corporation ( CREG), up 9.3% and Gafisa ( GFA), up 4.1%.

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 $7.5 billion and is part of the industrial goods sector. Shares are up 4.1% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate DR Horton a buy, no analysts rate it a sell, and 6 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, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Desarrolladora Homex SAB de CV ADR ( HXM), down 4.7%, Nuverra Environmental Solutions ( NES), down 4.2%, Pure Cycle Corporation ( PCYO), down 1.7% and Continental Building Products ( CBPX), down 1.7%.

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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