Materials & Construction Stocks On The Rise With Help From 3 Stocks

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 27 points (0.2%) at 17,793 as of Tuesday, June 9, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,750 declining with 142 unchanged.

The Materials & Construction industry currently is unchanged today versus the S&P 500, which is up 0.1%. Top gainers within the industry include Abengoa ( ABGB), up 3.7%, and Masco ( MAS), up 0.7%. On the negative front, top decliners within the industry include Weyerhaeuser ( WY), down 0.7%, and Chicago Bridge & Iron Company ( CBI), down 0.6%.

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

3. Progressive Waste Solutions ( BIN) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Progressive Waste Solutions is up $0.31 (1.1%) to $27.61 on light volume. Thus far, 53,559 shares of Progressive Waste Solutions exchanged hands as compared to its average daily volume of 189,100 shares. The stock has ranged in price between $27.23-$27.62 after having opened the day at $27.37 as compared to the previous trading day's close of $27.30.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Progressive Waste Solutions Ltd. operates as a vertically integrated non-hazardous solid waste management company in North America. It operates through Canada, the U.S. Northeast, and the U.S. South segments. Progressive Waste Solutions has a market cap of $3.0 billion and is part of the industrial goods sector. Shares are down 8.9% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate Progressive Waste Solutions a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Progressive Waste Solutions as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Progressive Waste Solutions Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, Clean Harbors ( CLH) is up $0.78 (1.4%) to $56.80 on light volume. Thus far, 111,874 shares of Clean Harbors exchanged hands as compared to its average daily volume of 418,000 shares. The stock has ranged in price between $56.05-$56.98 after having opened the day at $56.05 as compared to the previous trading day's close of $56.03.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Clean Harbors, Inc. provides environmental, energy, and industrial services in North America. Clean Harbors has a market cap of $3.3 billion and is part of the industrial goods sector. Shares are up 17.2% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Clean Harbors a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Clean Harbors as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Clean Harbors Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, Quanta Services ( PWR) is up $0.19 (0.7%) to $29.02 on light volume. Thus far, 649,416 shares of Quanta Services exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $28.81-$29.14 after having opened the day at $28.91 as compared to the previous trading day's close of $28.83.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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 $6.0 billion and is part of the industrial goods sector. Shares are up 1.6% year-to-date as of the close of trading on Monday. 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 and good cash flow from operations. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Quanta Services Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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).

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing