3 Stocks Raising The Materials & Construction Industry Higher

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 31 points (0.2%) at 16,439 as of Monday, April 21, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,695 issues advancing vs. 1,308 declining with 151 unchanged.

The Materials & Construction industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Cemex S.A.B. de C.V ( CX), up 0.9%, and Weyerhaeuser ( WY), up 0.6%. On the negative front, top decliners within the industry include Toll Brothers ( TOL), down 1.0%, James Hardie Industries ( JHX), down 1.0% and Fluor Corporation ( FLR), down 0.8%.

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

3. Rayonier ( RYN) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Rayonier is up $0.64 (1.4%) to $45.20 on average volume. Thus far, 541,271 shares of Rayonier exchanged hands as compared to its average daily volume of 862,100 shares. The stock has ranged in price between $45.00-$45.46 after having opened the day at $45.46 as compared to the previous trading day's close of $44.56.

Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. Rayonier has a market cap of $5.6 billion and is part of the industrial goods sector. Shares are up 5.8% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Rayonier a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Rayonier as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Rayonier Ratings Report now.

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2. As of noon trading, Clean Harbors ( CLH) is up $0.68 (1.2%) to $56.00 on light volume. Thus far, 198,419 shares of Clean Harbors exchanged hands as compared to its average daily volume of 858,200 shares. The stock has ranged in price between $55.08-$56.09 after having opened the day at $55.31 as compared to the previous trading day's close of $55.32.

Clean Harbors, Inc. provides environmental, energy, and industrial services primarily in the United States, Puerto Rico, and Canada. Clean Harbors has a market cap of $3.4 billion and is part of the industrial goods sector. Shares are down 7.7% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Clean Harbors a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Clean Harbors as a buy. 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, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Clean Harbors 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, Martin Marietta Materials ( MLM) is up $0.90 (0.7%) to $126.45 on average volume. Thus far, 430,372 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 849,700 shares. The stock has ranged in price between $125.07-$127.08 after having opened the day at $125.88 as compared to the previous trading day's close of $125.55.

Martin Marietta Materials, Inc., together with its subsidiaries, produces and sells aggregates for the construction industry. The company operates in four segments: Mid-America Group, Southeast Group, West Group, and Specialty Products. Martin Marietta Materials has a market cap of $5.8 billion and is part of the industrial goods sector. Shares are up 25.6% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Martin Marietta Materials 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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