Lennar Corp (LEN): 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.

Lennar ( LEN) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.5%. By the end of trading, Lennar rose $0.78 (2.0%) to $39.37 on light volume. Throughout the day, 2,856,283 shares of Lennar exchanged hands as compared to its average daily volume of 4,392,400 shares. The stock ranged in a price between $38.37-$39.70 after having opened the day at $38.37 as compared to the previous trading day's close of $38.59. Other companies within the Materials & Construction industry that increased today were: Patrick Industries ( PATK), up 6.0%, PGT ( PGTI), up 5.6%, Beazer Homes USA ( BZH), up 4.4% and M D C Holdings ( MDC), up 4.2%.

Lennar Corporation, together with its subsidiaries, is engaged in homebuilding activities in the United States. Lennar has a market cap of $6.7 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 2.5% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that 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.

On the negative front, China Recycling Energy ( CREG), down 2.9%, US Concrete ( USCR), down 2.7%, Pure Cycle ( PCYO), down 2.7% and Nuverra Environmental Solutions ( NES), down 2.6% , were all laggards within the materials & construction industry with Louisiana-Pacific ( LPX) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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