3 Materials & Construction Stocks Moving The Industry Upward

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 up 22 points (0.1%) at 17,010 as of Monday, Sept. 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 891 issues advancing vs. 2,107 declining with 158 unchanged.

The Materials & Construction industry currently sits down 1.0% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Weyerhaeuser ( WY), down 0.7%, and Sherwin-Williams ( SHW), down 0.5%.

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

3. Louisiana-Pacific ( LPX) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Louisiana-Pacific is up $0.45 (3.3%) to $14.12 on average volume. Thus far, 1.6 million shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $13.66-$14.14 after having opened the day at $13.66 as compared to the previous trading day's close of $13.67.

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

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and sells building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.0 billion and is part of the services sector. Shares are down 26.1% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Louisiana-Pacific a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Louisiana-Pacific as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Louisiana-Pacific 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, Waste Management ( WM) is up $0.31 (0.7%) to $47.11 on light volume. Thus far, 452,737 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 $46.74-$47.14 after having opened the day at $46.89 as compared to the previous trading day's close of $46.80.

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 $22.0 billion and is part of the industrial goods sector. Shares are up 4.3% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Waste Management a buy, no analysts rate it a sell, and 9 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.

1. As of noon trading, PulteGroup ( PHM) is up $0.13 (0.7%) to $18.91 on average volume. Thus far, 3.2 million shares of PulteGroup exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $18.72-$19.08 after having opened the day at $18.75 as compared to the previous trading day's close of $18.78.

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

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $7.2 billion and is part of the industrial goods sector. Shares are down 7.8% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate PulteGroup a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates PulteGroup 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, notable return on equity, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full PulteGroup 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).
null

If you liked this article you might like

Industrial Sector Fundamentals Remain Robust Amid Increased Market Volatility

Industrial Sector Fundamentals Remain Robust Amid Increased Market Volatility

Lumber Rally Extends to the Great White North

Lumber Rally Extends to the Great White North

Lumber Companies Are Standing Tall

Lumber Companies Are Standing Tall

Hurricane Irma Has Sent These Top Storm Stocks Ripping Higher

Hurricane Irma Has Sent These Top Storm Stocks Ripping Higher

Novice Trade: LPX

Novice Trade: LPX