Capital Goods Sector Review: Winning and Losing Stocks on Oct 18th

Wall St. Watchdog reveals information about today’s action in the Capital Goods (NYSE:XLI) sector:

Gainers (% price change)

  • Argan, Inc. (AMEX:AGX): The shares closed at $11.14, up $1.27, or 12.87%, on the day. Its market capitalization is $151.59 million. About the company: Argan, Inc., through its subsidiary, designs and builds energy plants. The Company’s energy plants include traditional gas as well as alternative energy including biodiesel, ethanol, and renewable energy sources such as wind power and solar.
  • Meritage Homes Corp. (NYSE:MTH): The shares closed at $17.46, up $1.99, or 12.86%, on the day. Its market capitalization is $565.87 million. About the company: Meritage Homes Corporation designs, builds, and sells single-family homes ranging from entry level to semi-custom luxury. The Company operates in the South and West of the United States.
  • Toll Brothers, Inc. (NYSE:TOL): The shares closed at $17.07, up $1.93, or 12.75%, on the day. Its market capitalization is $2.85 billion. About the company: Toll Brothers, Inc. builds luxury homes, serving both move-up and empty nester buyers in several regions of the United States. The Company builds customized single and attached homes, primarily on land that it develops and improves. Toll Brothers also operates its own architectural, engineering, mortgage, title, security, landscape, insurance brokerage, and manufacturing operations.
  • The Ryland Group, Inc. (NYSE:RYL): The shares closed at $12.11, up $1.27, or 11.72%, on the day. Its market capitalization is $537.79 million. About the company: The Ryland Group, Inc. is a homebuilder and mortgage-related finance firm. The Company’s homebuilding segment specializes in the sale and construction of single-family attached and detached housing. Ryland’s financial services segment provides various mortgage-related products and services for retail customers.
  • KB Home (NYSE:KBH): The shares closed at $7.02, up $0.73, or 11.61%, on the day. Its market capitalization is $541.47 million. About the company: KB HOME builds single-family homes in the United States, primarily targeting first-time and first move-up homebuyers. The Company has operating divisions in Arizona, California, Colorado, Florida, Georgia, Illinois, Nevada, Wisconsin, New Mexico, North Carolina, South Carolina, and Texas in the United States. KB Home also derives income from mortgage banking, title and insurance services.

Losers (% price change)

  • Elbit Systems Ltd. (NASDAQ:ESLT): The shares closed at $43.07, down $0.65, or 1.49%, on the day. Its market capitalization is $1.84 billion. About the company: Elbit Systems Ltd. designs, develops and supplies integrated defense systems. The Company also designs, develops, manufactures, markets and supports military electronic systems and products.
  • Northwest Pipe Company (NASDAQ:NWPX): The shares closed at $22.98, down $0.26, or 1.12%, on the day. Its market capitalization is $214.74 million. About the company: Northwest Pipe Company manufactures and markets welded steel pipe. The Company makes large diameter, high pressure steel pipe products used for water transmission. Northwest Pipe also makes smaller diameter, electric resistance welded pipe for a wide range of construction, energy, agricultural, industrial, and mechanical applications.
  • Metso Oyj (MXCYY): The shares closed at $6.37, down $0.06, or 0.93%, on the day. Its market capitalization is $254.19 million.
  • Kadant Inc. (NYSE:KAI): The shares closed at $17.04, down $0.08, or 0.47%, on the day. Its market capitalization is $210.40 million. About the company: Kadant Inc. is a supplier of equipment used in the global papermaking and paper recycling industries. The Company’s products include paper machine accessories, fluid handling, and water management. Kadant’s fluid-handling products are used to optimize production in the steel, rubber, plastics, food, and textile industries. The Company also manufactures granules made from papermaking byproducts.
  • Fluor Corporation (NYSE:FLR): The shares closed at $52.98, down $0.03, or 0.06%, on the day. Its market capitalization is $9.21 billion. About the company: Fluor Corporation is a professional services company. The Company provides engineering, procurement, construction and maintenance as well as project management services on a global basis. Fluor also provides outsourcing of maintenance services and asset operations, equipment rental and sales, business support services, and other services.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>