3 Stocks Pushing The Materials & Construction 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.

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. A company within the industry that fell today was USG ( USG), up 1.4%.

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

3. Clean Harbors ( CLH) is one of the companies pushing the Materials & Construction industry lower today. As of noon trading, Clean Harbors is down $0.62 (-1.0%) to $60.42 on light volume. Thus far, 94,273 shares of Clean Harbors exchanged hands as compared to its average daily volume of 411,000 shares. The stock has ranged in price between $60.38-$61.32 after having opened the day at $60.93 as compared to the previous trading day's close of $61.03.

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 $3.7 billion and is part of the industrial goods sector. Shares are up 1.8% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that 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, good cash flow from operations, increase in stock price during the past year 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 Clean Harbors 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, Fastenal ( FAST) is down $0.47 (-1.0%) to $45.26 on light volume. Thus far, 397,903 shares of Fastenal exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $45.13-$45.88 after having opened the day at $45.70 as compared to the previous trading day's close of $45.73.

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 $13.6 billion and is part of the services sector. Shares are down 3.8% year-to-date as of the close of trading on Tuesday. 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 is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. 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.

1. As of noon trading, Martin Marietta Materials ( MLM) is down $0.88 (-0.7%) to $129.84 on light volume. Thus far, 142,730 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $129.78-$131.39 after having opened the day at $130.98 as compared to the previous trading day's close of $130.72.

Martin Marietta Materials, Inc., together with its subsidiaries, produces and sells aggregates for the construction industry. The company operates in four segments: Mid-America Group, Southeast Group, West Group, and Specialty Products. Martin Marietta Materials has a market cap of $8.7 billion and is part of the industrial goods sector. Shares are up 30.8% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Martin Marietta Materials a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Martin Marietta Materials as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Martin Marietta 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.

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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