3 Materials & Construction Stocks Nudging The Industry Higher

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 17,122 as of Wednesday, Aug. 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,632 issues advancing vs. 1,319 declining with 192 unchanged.

The Materials & Construction industry currently sits up 0.1% versus the S&P 500, which is unchanged. Top gainers within the industry include Weyerhaeuser ( WY), up 0.6%, and DR Horton ( DHI), up 0.5%. A company within the industry that fell today was USG ( USG), up 1.4%.

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

3. Eagle Materials ( EXP) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Eagle Materials is up $1.00 (1.0%) to $100.46 on light volume. Thus far, 196,383 shares of Eagle Materials exchanged hands as compared to its average daily volume of 590,500 shares. The stock has ranged in price between $99.76-$100.67 after having opened the day at $99.76 as compared to the previous trading day's close of $99.46.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Eagle Materials Inc. manufactures and distributes building products used in residential, industrial, commercial, and infrastructure construction in the United States. The company operates in four segments: Cement, Gypsum Wallboard, Recycled Paperboard, and Concrete and Aggregates. Eagle Materials has a market cap of $5.0 billion and is part of the industrial goods sector. Shares are up 28.4% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Eagle Materials a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Eagle Materials 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Eagle Materials 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, Armstrong World Industries ( AWI) is up $0.68 (1.2%) to $57.30 on light volume. Thus far, 268,176 shares of Armstrong World Industries exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $56.45-$57.47 after having opened the day at $56.55 as compared to the previous trading day's close of $56.62.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Armstrong World Industries, Inc. designs, manufactures, and sells flooring products and ceiling systems worldwide. Armstrong World Industries has a market cap of $3.1 billion and is part of the industrial goods sector. Shares are down 1.7% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Armstrong World Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Armstrong World Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Armstrong World Industries 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, Waste Management ( WM) is up $0.50 (1.1%) to $47.06 on heavy volume. Thus far, 1.2 million shares of Waste Management exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $46.81-$47.35 after having opened the day at $46.88 as compared to the previous trading day's close of $46.57.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Waste Management, Inc. provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling and resource recovery, and disposal services. Waste Management has a market cap of $21.7 billion and is part of the industrial goods sector. Shares are up 3.8% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Waste Management a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins 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 Waste Management 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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