3 Stocks Moving The Materials & Construction Industry Upward

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 24 points (0.1%) at 16,720 as of Tuesday, May 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,382 issues advancing vs. 1,595 declining with 161 unchanged.

The Materials & Construction industry currently sits down 0.3% versus the S&P 500, which is unchanged. Top gainers within the industry include James Hardie Industries ( JHX), up 1.5%, Quanta Services ( PWR), up 0.8%, Waste Management ( WM), up 0.5% and Weyerhaeuser ( WY), up 0.5%. On the negative front, top decliners within the industry include USG ( USG), down 1.5%, Darling Ingredients ( DAR), down 1.4%, Plum Creek Timber ( PCL), down 0.8% and Sherwin-Williams ( SHW), down 0.6%.

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

3. PulteGroup ( PHM) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, PulteGroup is up $0.32 (1.7%) to $19.16 on heavy volume. Thus far, 5.4 million shares of PulteGroup exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $18.84-$19.42 after having opened the day at $18.86 as compared to the previous trading day's close of $18.84.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $6.9 billion and is part of the industrial goods sector. Shares are down 7.5% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate PulteGroup a buy, 4 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates PulteGroup as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full PulteGroup Ratings Report now.

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2. As of noon trading, DR Horton ( DHI) is up $0.42 (1.9%) to $23.00 on average volume. Thus far, 4.6 million shares of DR Horton exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $22.57-$23.28 after having opened the day at $22.60 as compared to the previous trading day's close of $22.58.

D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 78 markets in the United States under the D.R. Horton, America's Builder, Emerald Homes, and Breland Homes. DR Horton has a market cap of $7.2 billion and is part of the industrial goods sector. Shares are up 1.3% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate DR Horton a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full DR Horton 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, Lennar ( LEN) is up $0.58 (1.5%) to $39.81 on average volume. Thus far, 2.4 million shares of Lennar exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $39.38-$40.44 after having opened the day at $39.40 as compared to the previous trading day's close of $39.23.

Lennar Corporation, together with its subsidiaries, is engaged in homebuilding activities in the United States. Lennar has a market cap of $6.6 billion and is part of the industrial goods sector. Shares are down 0.8% year-to-date as of the close of trading on Monday. 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, increase in net income and growth in earnings per share. 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.

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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