Waste Management Inc (WM): 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.

Waste Management ( WM) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.1%. By the end of trading, Waste Management rose $0.92 (2.3%) to $41.50 on heavy volume. Throughout the day, 3,521,384 shares of Waste Management exchanged hands as compared to its average daily volume of 2,305,000 shares. The stock ranged in a price between $40.55-$41.52 after having opened the day at $40.60 as compared to the previous trading day's close of $40.58. Other companies within the Materials & Construction industry that increased today were: MagneGas Corporation ( MNGA), up 8.4%, MasTec ( MTZ), up 7.5%, Desarrolladora Homex SAB de CV ADR ( HXM), up 6.3% and Industrial Services of America ( IDSA), up 5.2%.

Waste Management, Inc. provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling and resource recovery, and disposal services. Waste Management has a market cap of $19.0 billion and is part of the industrial goods sector. Shares are down 9.6% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Waste Management a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Waste Management as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.

On the negative front, Xinyuan Real Estate ( XIN), down 6.2%, Taylor Morrison Home ( TMHC), down 3.7%, Guanwei Recycling ( GPRC), down 3.6% and TRI Pointe Homes ( TPH), down 3.6% , 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).

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