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 traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 196 points (1.1%) at 17,361 as of Monday, Feb. 2, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,282 issues advancing vs. 826 declining with 107 unchanged.

The Materials & Construction industry as a whole closed the day up 1.6% versus the S&P 500, which was up 1.3%. Top gainers within the Materials & Construction industry included India Globalization Capital ( IGC), up 6.8%, China Recycling Energy ( CREG), up 1.5%, James Hardie Industries ( JHX), up 1.9%, MagneGas ( MNGA), up 13.8% and Xinyuan Real Estate ( XIN), up 2.0%.

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

James Hardie Industries ( JHX) is one of the companies that pushed the Materials & Construction industry higher today. James Hardie Industries was up $0.98 (1.9%) to $51.55 on average volume. Throughout the day, 6,451 shares of James Hardie Industries exchanged hands as compared to its average daily volume of 4,800 shares. The stock ranged in a price between $50.69-$51.55 after having opened the day at $51.06 as compared to the previous trading day's close of $50.57.

James Hardie Industries has a market cap of $4.6 billion and is part of the industrial goods sector. Shares are down 7.0% year-to-date as of the close of trading on Friday.

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At the close, China Recycling Energy ( CREG) was up $0.01 (1.5%) to $0.74 on light volume. Throughout the day, 76,218 shares of China Recycling Energy exchanged hands as compared to its average daily volume of 175,800 shares. The stock ranged in a price between $0.73-$0.76 after having opened the day at $0.73 as compared to the previous trading day's close of $0.73.

China Recycling Energy Corporation is engaged in the recycling energy business primarily in the People's Republic of China. China Recycling Energy has a market cap of $61.4 million and is part of the industrial goods sector. Shares are down 1.8% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate China Recycling Energy a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates China Recycling Energy as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

Highlights from TheStreet Ratings analysis on CREG go as follows:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the Commercial Services & Supplies industry average, but is less than that of the S&P 500. The net income increased by 8.5% when compared to the same quarter one year prior, going from $4.39 million to $4.77 million.
  • The debt-to-equity ratio is somewhat low, currently at 0.70, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.91 is somewhat weak and could be cause for future problems.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Commercial Services & Supplies industry and the overall market, CHINA RECYCLING ENERGY CORP's return on equity is below that of both the industry average and the S&P 500.
  • Looking at the price performance of CREG's shares over the past 12 months, there is not much good news to report: the stock is down 72.19%, and it has underformed the S&P 500 Index. In addition, the company's earnings per share are lower today than the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.

You can view the full analysis from the report here: China Recycling Energy Ratings Report

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

India Globalization Capital ( IGC) was another company that pushed the Materials & Construction industry higher today. India Globalization Capital was up $0.04 (6.8%) to $0.60 on average volume. Throughout the day, 56,601 shares of India Globalization Capital exchanged hands as compared to its average daily volume of 44,500 shares. The stock ranged in a price between $0.50-$0.63 after having opened the day at $0.59 as compared to the previous trading day's close of $0.56.

India Globalization Capital has a market cap of $8.3 million and is part of the industrial goods sector. Shares are down 16.5% year-to-date as of the close of trading on Friday.

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.