MDU, LPX And FAST, 3 Materials & Construction Stocks Pushing The Industry Lower

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 77 points (-0.5%) at 16,493 as of Tuesday, Aug. 5, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,020 issues advancing vs. 1,966 declining with 149 unchanged.

The Materials & Construction industry currently sits down 0.2% versus the S&P 500, which is down 0.6%. On the negative front, top decliners within the industry include Sherwin-Williams ( SHW), down 0.6%, and Fluor ( FLR), down 0.6%. A company within the industry that increased today was James Hardie Industries ( JHX), up 1.0%.

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

3. MDU Resources Group ( MDU) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, MDU Resources Group is down $0.89 (-2.8%) to $30.53 on light volume. Thus far, 174,406 shares of MDU Resources Group exchanged hands as compared to its average daily volume of 570,700 shares. The stock has ranged in price between $30.53-$31.30 after having opened the day at $31.23 as compared to the previous trading day's close of $31.42.

MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company's Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. MDU Resources Group has a market cap of $6.0 billion and is part of the utilities sector. Shares are up 2.9% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate MDU Resources Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates MDU Resources Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full MDU Resources Group 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, Louisiana-Pacific ( LPX) is down $0.93 (-6.7%) to $12.89 on heavy volume. Thus far, 2.9 million shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $12.84-$13.73 after having opened the day at $13.62 as compared to the previous trading day's close of $13.82.

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and sells building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $1.9 billion and is part of the services sector. Shares are down 25.3% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate Louisiana-Pacific a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Louisiana-Pacific as a hold. 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 reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Louisiana-Pacific 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, Fastenal ( FAST) is down $1.02 (-2.3%) to $43.50 on heavy volume. Thus far, 2.0 million shares of Fastenal exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $43.44-$44.42 after having opened the day at $44.30 as compared to the previous trading day's close of $44.52.

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners and other industrial and construction supplies under the Fastenal name. Fastenal has a market cap of $13.1 billion and is part of the services sector. Shares are down 6.3% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Fastenal a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Fastenal as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Fastenal 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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