3 Stocks Advancing 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 67 points (0.4%) at 16,436 as of Friday, Aug. 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 961 declining with 169 unchanged.

The Materials & Construction industry currently sits up 0.7% versus the S&P 500, which is up 0.4%. Top gainers within the industry include USG ( USG), up 2.5%, Owens-Corning ( OC), up 1.9%, Toll Brothers ( TOL), up 1.7%, Waste Management ( WM), up 1.3% and Martin Marietta Materials ( MLM), up 1.1%. A company within the industry that fell today was Harsco ( HSC), up 2.1%.

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

3. Masco ( MAS) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Masco is up $0.37 (1.8%) to $21.43 on light volume. Thus far, 1.6 million shares of Masco exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $21.10-$21.52 after having opened the day at $21.10 as compared to the previous trading day's close of $21.06.

Masco Corporation manufactures, distributes, and installs home improvement and building products in North America and internationally. Masco has a market cap of $7.6 billion and is part of the industrial goods sector. Shares are down 7.5% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Masco a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Masco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, impressive record of earnings per share growth and compelling growth in net income. 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 Masco Ratings Report now.

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2. As of noon trading, DR Horton ( DHI) is up $0.36 (1.8%) to $20.47 on average volume. Thus far, 3.5 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 $20.18-$20.71 after having opened the day at $20.18 as compared to the previous trading day's close of $20.11.

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 $7.3 billion and is part of the industrial goods sector. Shares are down 9.9% year-to-date as of the close of trading on Thursday. 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 $0.71 (1.2%) to $58.74 on light volume. Thus far, 506,715 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $58.21-$59.00 after having opened the day at $58.35 as compared to the previous trading day's close of $58.03.

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 $6.3 billion and is part of the industrial goods sector. Shares are down 30.2% year-to-date as of the close of trading on Thursday. 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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