Martin Marietta Materials (MLM): Today's Featured Industrial Goods 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.

Martin Marietta Materials ( MLM) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.3%. By the end of trading, Martin Marietta Materials rose $1.45 (1.2%) to $118.16 on light volume. Throughout the day, 390,563 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 738,600 shares. The stock ranged in a price between $116.23-$118.74 after having opened the day at $117.03 as compared to the previous trading day's close of $116.71. Other companies within the Industrial Goods sector that increased today were: Highpower International ( HPJ), up 23.8%, China BAK Battery ( CBAK), up 17.6%, Altair Nanotechnologies ( ALTI), up 16.6% and Stock Building Supply Holdings ( STCK), up 10.2%.

Martin Marietta Materials, Inc., together with its subsidiaries, engages in the production and sale of aggregates for the construction industry primarily in the United States, Canada, the Bahamas, and the Caribbean Islands. Martin Marietta Materials has a market cap of $5.4 billion and is part of the materials & construction industry. Shares are up 16.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Martin Marietta Materials a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Martin Marietta Materials 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, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, China Ceramics ( CCCL), down 17.3%, Astrotech Corporation ( ASTC), down 9.9%, Chart Industries ( GTLS), down 9.6% and MagneGas Corporation ( MNGA), down 9.3% , were all laggards within the industrial goods sector with L-3 Communications Holdings ( LLL) being today's industrial goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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