3 Stocks Underperforming Today In The Materials & Construction Industry

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 29 points (-0.2%) at 16,918 as of Monday, June 23, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,509 declining with 147 unchanged.

The Materials & Construction industry currently sits down 0.4% versus the S&P 500, which is down 0.1%.

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

3. Republic Services ( RSG) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Republic Services is down $0.28 (-0.8%) to $37.30 on average volume. Thus far, 537,092 shares of Republic Services exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $37.25-$37.59 after having opened the day at $37.51 as compared to the previous trading day's close of $37.58.

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 $13.3 billion and is part of the industrial goods sector. Shares are up 13.2% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Republic Services a buy, no analysts rate it a sell, and 3 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, reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Republic Services 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, Waste Management ( WM) is down $0.33 (-0.7%) to $44.30 on light volume. Thus far, 587,912 shares of Waste Management exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $44.29-$44.84 after having opened the day at $44.69 as compared to the previous trading day's close of $44.63.

Waste Management, Inc. provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling and resource recovery, and disposal services. Waste Management has a market cap of $20.6 billion and is part of the industrial goods sector. Shares are down 0.5% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Waste Management a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, good cash flow from operations, growth in earnings per share and increase in stock price during the past year. 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 Waste Management 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, Fluor ( FLR) is down $0.78 (-1.0%) to $77.74 on light volume. Thus far, 332,127 shares of Fluor exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $77.66-$79.12 after having opened the day at $78.31 as compared to the previous trading day's close of $78.52.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide. Fluor has a market cap of $12.3 billion and is part of the industrial goods sector. Shares are down 2.2% year-to-date as of the close of trading on Friday. Currently there are 15 analysts that rate Fluor a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Fluor 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, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Fluor 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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