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.

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 liked this article you might like

Hurricane Cleanup Could Make These Stocks Stealthy Winners, Analysts Say

Analysts' Actions -- Cognizant, Fitbit, Tempur Sealy, ViaSat and More

Clean Harbors (CLH) Weak On High Volume Today

Clean Harbors (CLH) Showing Signs Of Being Strong And Under The Radar

Insider Trading Alert - IBTX, SAFM And CLH Traded By Insiders