3 Materials & Construction Stocks Pushing Industry Growth

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 38 points (0.2%) at 16,171 as of Friday, Feb. 21, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,939 issues advancing vs. 967 declining with 167 unchanged.

The Materials & Construction industry currently sits up 0.6% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Louisiana-Pacific ( LPX), up 3.0%, Lennar Corporation ( LEN), up 2.4%, DR Horton ( DHI), up 1.9%, PulteGroup ( PHM), up 1.9% and NVR ( NVR), up 1.8%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Owens-Corning ( OC) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Owens-Corning is up $0.62 (1.4%) to $44.94 on average volume. Thus far, 555,556 shares of Owens-Corning exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $44.38-$45.09 after having opened the day at $44.38 as compared to the previous trading day's close of $44.33.

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 $5.2 billion and is part of the industrial goods sector. Shares are up 8.9% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who 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, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, 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.

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2. As of noon trading, Masco Corporation ( MAS) is up $0.18 (0.8%) to $22.48 on light volume. Thus far, 930,909 shares of Masco Corporation exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $22.16-$22.52 after having opened the day at $22.35 as compared to the previous trading day's close of $22.30.

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. Shares are down 3.3% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who 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 increase in stock price during the past year. 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.

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, Toll Brothers ( TOL) is up $0.99 (2.6%) to $38.37 on average volume. Thus far, 1.9 million shares of Toll Brothers exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $37.46-$38.50 after having opened the day at $37.58 as compared to the previous trading day's close of $37.38.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities in the Unites States. It is also involved in building and selling homes in urban infill markets. Toll Brothers has a market cap of $6.6 billion and is part of the industrial goods sector. Shares are up 1.0% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Toll Brothers a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Toll Brothers as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Toll Brothers 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 3 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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