CSTE, SRCL And CBI, Pushing Materials & Construction Industry Downward

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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 lower today:

3. Caesarstone Sdot-Yam ( CSTE) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Caesarstone Sdot-Yam is down $0.92 (-1.7%) to $52.66 on average volume. Thus far, 122,594 shares of Caesarstone Sdot-Yam exchanged hands as compared to its average daily volume of 260,500 shares. The stock has ranged in price between $52.65-$54.41 after having opened the day at $53.56 as compared to the previous trading day's close of $53.58.

Caesarstone Sdot-Yam Ltd. manufactures and sells engineered quartz surfaces under the Caesarstone brand primarily in Australia, the United States, Canada, and Israel. Caesarstone Sdot-Yam has a market cap of $1.8 billion and is part of the industrial goods sector. Currently there are 4 analysts that rate Caesarstone Sdot-Yam a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Caesarstone Sdot-Yam as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Caesarstone Sdot-Yam 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, Stericycle Incorporated ( SRCL) is down $0.78 (-0.7%) to $115.21 on light volume. Thus far, 148,255 shares of Stericycle Incorporated exchanged hands as compared to its average daily volume of 458,200 shares. The stock has ranged in price between $115.11-$116.82 after having opened the day at $116.27 as compared to the previous trading day's close of $115.99.

Stericycle, Inc., together with its subsidiaries, provides regulated waste management and related services. Stericycle Incorporated has a market cap of $9.9 billion and is part of the industrial goods sector. Shares are down 0.1% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Stericycle Incorporated a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Stericycle Incorporated 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, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Stericycle Incorporated 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, Chicago Bridge & Iron Company ( CBI) is down $0.68 (-0.8%) to $79.18 on light volume. Thus far, 378,130 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $78.92-$80.00 after having opened the day at $80.00 as compared to the previous trading day's close of $79.86.

Chicago Bridge & Iron Company N.V., an energy infrastructure focused company, provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to customers in the energy, petrochemical, and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $8.6 billion and is part of the industrial goods sector. Shares are down 3.8% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts that rate Chicago Bridge & Iron Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Chicago Bridge & Iron Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Chicago Bridge & Iron Company 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 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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