MasTec Inc. (MTZ): Today's Featured Materials & Construction Laggard

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.

MasTec ( MTZ) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.6%. By the end of trading, MasTec fell $0.59 (-1.4%) to $42.99 on average volume. Throughout the day, 776,857 shares of MasTec exchanged hands as compared to its average daily volume of 813,500 shares. The stock ranged in price between $42.86-$43.81 after having opened the day at $43.58 as compared to the previous trading day's close of $43.58. Other companies within the Materials & Construction industry that declined today were: China Recycling Energy Corporation ( CREG), down 11.9%, MagneGas Corporation ( MNGA), down 10.6%, India Globalization Capital ( IGC), down 9.4% and Comstock ( CHCI), down 4.1%.

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for energy, utility, and communications infrastructure primarily in the United States. MasTec has a market cap of $3.3 billion and is part of the industrial goods sector. Shares are up 33.2% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate MasTec a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates MasTec as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Real Goods Solar ( RGSE), up 9.5%, PGT ( PGTI), up 7.3%, Industrial Services of America ( IDSA), up 6.5% and Abengoa ( ABGB), up 5.2% , were all gainers within the materials & construction industry with Lennar Corporation ( LEN) being today's featured materials & construction industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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