3 Stocks Improving Performance Of The Materials & Construction Industry

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 68 points (0.4%) at 16,398 as of Friday, Sept. 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,332 issues advancing vs. 1,639 declining with 143 unchanged.

The Materials & Construction industry currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the industry include PulteGroup ( PHM), up 1.6%, Toll Brothers ( TOL), up 1.4%, Lennar ( LEN), up 1.3%, DR Horton ( DHI), up 0.9% and Stericycle ( SRCL), up 1.0%. On the negative front, top decliners within the industry include Abengoa ( ABGB), down 5.5%, Cemex SAB de CV ( CX), down 1.4% and Quanta Services ( PWR), down 1.0%.

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

3. Ryland Group ( RYL) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, Ryland Group is up $0.89 (2.0%) to $45.22 on light volume. Thus far, 162,000 shares of Ryland Group exchanged hands as compared to its average daily volume of 663,000 shares. The stock has ranged in price between $43.66-$45.39 after having opened the day at $43.82 as compared to the previous trading day's close of $44.33.

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The Ryland Group, Inc. operates as a homebuilder and a mortgage-finance company in the United States. It engages in building single-family detached homes and attached homes, such as townhomes and condominiums. Ryland Group has a market cap of $2.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 24.5. Shares are up 15.0% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate Ryland Group a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Ryland Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, solid stock price performance, increase in net income and growth in earnings per share. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Ryland Group Ratings Report now.

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2. As of noon trading, Owens-Corning ( OC) is up $0.49 (1.1%) to $45.29 on light volume. Thus far, 390,908 shares of Owens-Corning exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $44.60-$45.43 after having opened the day at $44.67 as compared to the previous trading day's close of $44.80.

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Owens Corning, together with its subsidiaries, produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in three segments: Composites, Insulation, and Roofing. Owens-Corning has a market cap of $5.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 27.2, above the S&P 500 P/E ratio of 24.5. Shares are up 25.1% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Owens-Corning a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Owens-Corning as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Owens-Corning Ratings Report now.

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1. As of noon trading, Fluor ( FLR) is up $0.25 (0.6%) to $45.14 on average volume. Thus far, 699,066 shares of Fluor exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $44.31-$45.39 after having opened the day at $44.50 as compared to the previous trading day's close of $44.89.

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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 $6.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 9.9, below the S&P 500 P/E ratio of 24.5. Shares are down 26.0% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts who rate Fluor a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Fluor as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself. Get the full Fluor 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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