3 Stocks Pushing The Materials & Construction Industry Lower

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 37 points (0.2%) at 16,943 as of Wednesday, July 9, 2014, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,468 issues advancing vs. 1,471 declining with 161 unchanged.

The Materials & Construction industry currently sits down 0.3% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include James Hardie Industries ( JHX), down 1.6%, Plum Creek Timber ( PCL), down 1.4% and Fastenal ( FAST), down 1.0%.

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 $0.42 (-1.1%) to $37.33 on heavy volume. Thus far, 1.4 million shares of Republic Services exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $37.29-$37.88 after having opened the day at $37.86 as compared to the previous trading day's close of $37.75.

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 $13.5 billion and is part of the industrial goods sector. Shares are up 13.7% year-to-date as of the close of trading on Tuesday. 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, Armstrong World Industries ( AWI) is down $0.86 (-1.5%) to $56.62 on light volume. Thus far, 151,763 shares of Armstrong World Industries exchanged hands as compared to its average daily volume of 886,000 shares. The stock has ranged in price between $56.58-$57.81 after having opened the day at $57.53 as compared to the previous trading day's close of $57.49.

Armstrong World Industries, Inc. designs, manufactures, and sells flooring products and ceiling systems worldwide. Armstrong World Industries has a market cap of $3.2 billion and is part of the industrial goods sector. Shares are down 0.2% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Armstrong World Industries a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Armstrong World Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, reasonable valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Armstrong World Industries 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, Waste Management ( WM) is down $0.26 (-0.6%) to $44.34 on average volume. Thus far, 641,711 shares of Waste Management exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $44.28-$44.69 after having opened the day at $44.60 as compared to the previous trading day's close of $44.60.

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 $20.7 billion and is part of the industrial goods sector. Shares are down 0.6% year-to-date as of the close of trading on Tuesday. 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.

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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