3 Materials & Construction Stocks Pushing Industry Growth

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,411 as of Monday, April 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,415 issues advancing vs. 1,576 declining with 152 unchanged.

The Materials & Construction industry currently sits down 0.9% versus the S&P 500, which is unchanged. A company within the industry that increased today was Waste Management ( WM), up 1.4%. On the negative front, top decliners within the industry include Texas Industries ( TXI), down 4.6%, Eagle Materials ( EXP), down 4.4% and Chicago Bridge & Iron Company ( CBI), down 2.2%.

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

3. Republic Services ( RSG) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Republic Services is up $0.23 (0.7%) to $34.63 on light volume. Thus far, 472,314 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 $34.50-$34.80 after having opened the day at $34.54 as compared to the previous trading day's close of $34.40.

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 $12.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.1, above the S&P 500 P/E ratio of 17.7. Shares are up 3.6% year-to-date as of the close of trading on Friday. 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, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable 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.

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2. As of noon trading, Weyerhaeuser ( WY) is up $0.27 (0.9%) to $29.79 on average volume. Thus far, 1.9 million shares of Weyerhaeuser exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $29.52-$29.86 after having opened the day at $29.63 as compared to the previous trading day's close of $29.52.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. Weyerhaeuser has a market cap of $16.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 31.2, above the S&P 500 P/E ratio of 17.7. Shares are down 6.5% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Weyerhaeuser a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Weyerhaeuser as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Weyerhaeuser Ratings Report now.

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1. As of noon trading, Lennar ( LEN) is up $0.28 (0.7%) to $38.89 on average volume. Thus far, 2.4 million shares of Lennar exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $38.62-$40.06 after having opened the day at $38.75 as compared to the previous trading day's close of $38.61.

Lennar Corporation, together with its subsidiaries, is engaged in homebuilding activities in the United States. Lennar has a market cap of $6.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate Lennar a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lennar as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Lennar Ratings Report now.

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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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