3 Materials & Construction Stocks Driving 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 67 points (-0.4%) at 17,031 as of Tuesday, Sept. 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,801 declining with 159 unchanged.

The Materials & Construction industry currently sits down 0.1% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was Tutor Perini ( TPC), up 2.3%. On the negative front, top decliners within the industry include Vulcan Materials ( VMC), down 1.2%, NVR ( NVR), down 0.9% and Fastenal ( FAST), down 0.5%.

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

3. Quanta Services ( PWR) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Quanta Services is up $0.56 (1.5%) to $36.90 on heavy volume. Thus far, 1.2 million shares of Quanta Services exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $36.50-$37.12 after having opened the day at $36.62 as compared to the previous trading day's close of $36.34.

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

Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. Quanta Services has a market cap of $7.7 billion and is part of the industrial goods sector. Shares are up 15.2% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate Quanta Services a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Quanta Services 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, solid stock price performance, growth in earnings per share and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Quanta Services 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, USG ( USG) is up $0.53 (1.8%) to $29.50 on average volume. Thus far, 1.1 million shares of USG exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $29.26-$29.65 after having opened the day at $29.42 as compared to the previous trading day's close of $28.97.

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

USG Corporation, through its subsidiaries, operates as a manufacturer and distributor of building materials worldwide. It operates in three segments: North American Gypsum, Worldwide Ceilings, and Building Products Distribution. USG has a market cap of $4.2 billion and is part of the industrial goods sector. Shares are up 2.1% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate USG a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates USG as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full USG 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, Armstrong World Industries ( AWI) is up $0.67 (1.2%) to $58.35 on heavy volume. Thus far, 775,043 shares of Armstrong World Industries exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $57.73-$58.59 after having opened the day at $57.84 as compared to the previous trading day's close of $57.68.

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 $3.2 billion and is part of the industrial goods sector. Shares are up 0.1% year-to-date as of the close of trading on Friday. 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.

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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