3 Stocks Boosting 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 4 points (0.0%) at 16,511 as of Wednesday, April 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,280 declining with 133 unchanged.

The Materials & Construction industry currently sits down 0.9% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Clean Harbors ( CLH), up 1.9%, and Weyerhaeuser ( WY), up 0.7%. On the negative front, top decliners within the industry include Meritage Homes ( MTH), down 8.7%, Owens-Corning ( OC), down 3.1%, USG ( USG), down 1.6%, James Hardie Industries ( JHX), down 1.2% and Chicago Bridge & Iron Company ( CBI), down 1.1%.

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

3. Stericycle ( SRCL) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Stericycle is up $1.51 (1.4%) to $113.14 on average volume. Thus far, 316,566 shares of Stericycle exchanged hands as compared to its average daily volume of 470,100 shares. The stock has ranged in price between $111.56-$113.88 after having opened the day at $111.85 as compared to the previous trading day's close of $111.63.

Stericycle, Inc., together with its subsidiaries, provides regulated and compliance solutions to the healthcare and commercial businesses. The company collects and processes specialized waste for disposal services. Stericycle has a market cap of $9.5 billion and is part of the industrial goods sector. Shares are down 3.9% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate Stericycle a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Stericycle 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, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Stericycle 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.

2. As of noon trading, Republic Services ( RSG) is up $0.21 (0.6%) to $34.90 on light volume. Thus far, 463,876 shares of Republic Services exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $34.71-$34.99 after having opened the day at $34.74 as compared to the previous trading day's close of $34.69.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, and recycling and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. Republic Services has a market cap of $12.4 billion and is part of the industrial goods sector. Shares are up 4.5% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Republic Services a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Republic Services as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Republic Services 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, Vulcan Materials ( VMC) is up $0.38 (0.6%) to $64.99 on light volume. Thus far, 317,386 shares of Vulcan Materials exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $63.97-$65.01 after having opened the day at $64.58 as compared to the previous trading day's close of $64.61.

Vulcan Materials Company produces and sells construction aggregates, asphalt mix, ready-mixed concrete, and cement primarily in the United States. The company's Aggregates segment offers crushed stone, sand and gravel, sand, and other aggregates, as well as related products and services. Vulcan Materials has a market cap of $8.5 billion and is part of the industrial goods sector. Shares are up 8.7% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Vulcan Materials a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Vulcan 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, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Vulcan 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).
null

If you liked this article you might like

Stericycle Looks Ready to Rumble

Stericycle Looks Ready to Rumble

Exact Sciences, Cognizant Technology, MetLife: 'Mad Money' Lightning Round

Exact Sciences, Cognizant Technology, MetLife: 'Mad Money' Lightning Round

Sentiment Is Everything Right Now: Cramer's 'Mad Money' Recap (Thursday 11/2/17)

Sentiment Is Everything Right Now: Cramer's 'Mad Money' Recap (Thursday 11/2/17)

Discovering a True Value

Discovering a True Value

The Value of an Overvalued Market: Cramer's 'Mad Money' Recap (Thursday 8/10/17)

The Value of an Overvalued Market: Cramer's 'Mad Money' Recap (Thursday 8/10/17)