3 Stocks Improving Performance Of 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 16,507 as of Monday, Aug. 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,334 issues advancing vs. 1,665 declining with 161 unchanged.

The Materials & Construction industry currently sits up 0.7% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Pike ( PIKE), up 48.6%, Armstrong World Industries ( AWI), up 2.2%, Sherwin-Williams ( SHW), up 0.9% and Weyerhaeuser ( WY), up 0.8%. A company within the industry that fell today was MDU Resources Group ( MDU), up 0.7%.

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

3. Clean Harbors ( CLH) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Clean Harbors is up $0.71 (1.2%) to $57.84 on average volume. Thus far, 218,436 shares of Clean Harbors exchanged hands as compared to its average daily volume of 448,200 shares. The stock has ranged in price between $57.07-$57.92 after having opened the day at $57.10 as compared to the previous trading day's close of $57.13.

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 $3.5 billion and is part of the industrial goods sector. Shares are down 4.7% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate Clean Harbors a buy, no analysts rate it a sell, and 6 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 largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels 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.

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2. As of noon trading, DR Horton ( DHI) is up $0.14 (0.7%) to $20.54 on average volume. Thus far, 3.2 million shares of DR Horton exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $20.42-$20.94 after having opened the day at $20.94 as compared to the previous trading day's close of $20.41.

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 $7.5 billion and is part of the industrial goods sector. Shares are down 8.6% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate DR Horton a buy, 1 analyst rates it a sell, and 6 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, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and increase in stock price during the past year. 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, Chicago Bridge & Iron Company ( CBI) is up $0.48 (0.8%) to $59.71 on light volume. Thus far, 731,052 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $59.06-$60.07 after having opened the day at $59.19 as compared to the previous trading day's close of $59.23.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services to customers in the energy infrastructure worldwide. Chicago Bridge & Iron Company has a market cap of $6.4 billion and is part of the industrial goods sector. Shares are down 28.8% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate Chicago Bridge & Iron Company a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Chicago Bridge & Iron Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Chicago Bridge & Iron Company 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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