MDU, FWLT And CLH, Pushing Materials & Construction Industry Downward

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 87 points (0.5%) at 16,606 as of Thursday, May 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,938 issues advancing vs. 1,065 declining with 159 unchanged.

The Materials & Construction industry currently sits up 0.4% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Armstrong World Industries ( AWI), up 2.6%, Owens-Corning ( OC), up 2.3%, Masco ( MAS), up 2.3%, James Hardie Industries ( JHX), up 2.1% and USG ( USG), up 1.5%.

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

3. MDU Resources Group ( MDU) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, MDU Resources Group is down $0.39 (-1.1%) to $35.38 on light volume. Thus far, 200,013 shares of MDU Resources Group exchanged hands as compared to its average daily volume of 627,700 shares. The stock has ranged in price between $35.38-$36.05 after having opened the day at $35.72 as compared to the previous trading day's close of $35.77.

MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company's Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. MDU Resources Group has a market cap of $6.7 billion and is part of the utilities sector. Shares are up 17.1% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate MDU Resources Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates MDU Resources Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full MDU Resources Group Ratings Report now.

STOCKS TO BUY: 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, Foster Wheeler ( FWLT) is down $0.60 (-1.8%) to $33.34 on average volume. Thus far, 464,052 shares of Foster Wheeler exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $33.28-$33.80 after having opened the day at $33.80 as compared to the previous trading day's close of $33.94.

Foster Wheeler AG, through its subsidiaries, operates in engineering and construction, as well as power generating equipment businesses worldwide. Foster Wheeler has a market cap of $3.4 billion and is part of the industrial goods sector. Shares are up 4.1% year-to-date as of the close of trading on Wednesday. Currently there are no analysts that rate Foster Wheeler a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Foster Wheeler as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation. Get the full Foster Wheeler Ratings Report now.

STOCKS TO BUY: 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, Clean Harbors ( CLH) is down $0.50 (-0.8%) to $60.21 on light volume. Thus far, 331,960 shares of Clean Harbors exchanged hands as compared to its average daily volume of 910,800 shares. The stock has ranged in price between $59.79-$60.58 after having opened the day at $60.18 as compared to the previous trading day's close of $60.71.

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 $3.7 billion and is part of the industrial goods sector. Shares are up 1.2% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 5 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, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Clean Harbors Ratings Report now.

STOCKS TO BUY: 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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