3 Stocks Driving The Materials & Construction 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 73 points (-0.4%) at 17,997 as of Tuesday, May 5, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 723 issues advancing vs. 2,287 declining with 141 unchanged.

The Materials & Construction industry currently sits down 0.1% versus the S&P 500, which is down 0.7%. On the negative front, top decliners within the industry include MDU Resources Group ( MDU), down 4.1%, Masco ( MAS), down 1.2%, Stericycle ( SRCL), down 1.1%, Republic Services ( RSG), down 0.9% and Weyerhaeuser ( WY), down 0.7%.

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 $0.77 (4.7%) to $17.07 on heavy volume. Thus far, 3.7 million shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $16.78-$17.42 after having opened the day at $16.87 as compared to the previous trading day's close of $16.30.

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Louisiana-Pacific Corporation, together with its subsidiaries, primarily manufactures and sells building products for use in new home construction, repair and remodeling, outdoor structures, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.3 billion and is part of the services sector. Shares are down 3.6% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Louisiana-Pacific a buy, 2 analysts rate it a sell, and 5 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.

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2. As of noon trading, Fluor ( FLR) is up $0.63 (1.1%) to $59.35 on average volume. Thus far, 581,399 shares of Fluor exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $58.87-$59.71 after having opened the day at $58.87 as compared to the previous trading day's close of $58.72.

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Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide. Fluor has a market cap of $8.6 billion and is part of the industrial goods sector. Shares are down 3.2% year-to-date as of the close of trading on Monday. Currently there are 14 analysts who rate Fluor a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Fluor 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, notable return on equity and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Fluor Ratings Report now.

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1. As of noon trading, Chicago Bridge & Iron Company ( CBI) is up $0.82 (1.6%) to $50.60 on average volume. Thus far, 968,277 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $49.90-$51.32 after having opened the day at $50.62 as compared to the previous trading day's close of $49.78.

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Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services worldwide. Chicago Bridge & Iron Company has a market cap of $5.4 billion and is part of the industrial goods sector. Shares are up 18.8% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Chicago Bridge & Iron Company a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Chicago Bridge & Iron Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Chicago Bridge & Iron Company Ratings Report now.

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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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