3 Stocks Dragging The Materials & Construction Industry Downward

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%. A company within the industry that fell today was Harsco ( HSC), up 2.1%. 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%.

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

3. Nuverra Environmental Solutions ( NES) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Nuverra Environmental Solutions is down $2.62 (-14.6%) to $15.30 on heavy volume. Thus far, 741,891 shares of Nuverra Environmental Solutions exchanged hands as compared to its average daily volume of 293,900 shares. The stock has ranged in price between $15.02-$17.33 after having opened the day at $17.17 as compared to the previous trading day's close of $17.92.

Nuverra Environmental Solutions, Inc. provides full-cycle environmental solutions to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. Nuverra Environmental Solutions has a market cap of $487.5 million and is part of the industrial goods sector. Shares are up 6.7% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Nuverra Environmental Solutions a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Nuverra Environmental Solutions as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Nuverra Environmental Solutions 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, US Ecology ( ECOL) is down $1.20 (-2.6%) to $44.84 on heavy volume. Thus far, 175,178 shares of US Ecology exchanged hands as compared to its average daily volume of 145,100 shares. The stock has ranged in price between $44.69-$45.91 after having opened the day at $45.91 as compared to the previous trading day's close of $46.04.

US Ecology, Inc., through its subsidiaries, provides waste treatment, disposal, recycling, and transportation services to commercial and government entities in the United States. It operates through Operating Disposal Facilities and Non-Operating Disposal Facilities segments. US Ecology has a market cap of $988.3 million and is part of the industrial goods sector. Shares are up 23.6% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate US Ecology a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates US Ecology 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, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full US Ecology 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, Foster Wheeler ( FWLT) is down $0.37 (-1.1%) to $31.73 on heavy volume. Thus far, 1.3 million shares of Foster Wheeler exchanged hands as compared to its average daily volume of 620,300 shares. The stock has ranged in price between $31.64-$32.05 after having opened the day at $31.92 as compared to the previous trading day's close of $32.10.

Foster Wheeler AG, through its subsidiaries, operates in engineering and construction, as well as power generating equipment businesses worldwide. Foster Wheeler has a market cap of $3.2 billion and is part of the industrial goods sector. Shares are down 2.7% year-to-date as of the close of trading on Thursday. Currently there are no analysts that rate Foster Wheeler a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Foster Wheeler as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Foster Wheeler 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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