4 Stocks Pushing The Basic Materials Sector Lower
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelOne out of the three major indices are trading up today with the Dow Jones Industrial Average (^DJI) trading down 57 points (-0.4%) at 13,961 as of Wednesday, Feb. 13, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,624 issues advancing vs. 1,238 declining with 155 unchanged.The Basic Materials sector currently sits up 0.1% versus the S&P 500, which is unchanged. A company within the sector that fell today was Royal Dutch Shell (RDS.A), up 1.5%.TheStreet Ratings group would like to highlight 4 stocks pushing the sector lower today:4. Royal Dutch Shell (RDS.B) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Royal Dutch Shell is down $1.39 (-2.0%) to $68.08 on heavy volume Thus far, 920,916 shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 848,900 shares. The stock has ranged in price between $68.04-$68.38 after having opened the day at $68.31 as compared to the previous trading day's close of $69.47. Royal Dutch Shell plc operates as an oil and gas company worldwide. The company explores for and extracts crude oil and natural gas. Royal Dutch Shell has a market cap of $217.6 billion and is part of the energy industry. The company has a P/E ratio of 8.7, below the S&P 500 P/E ratio of 17.7. Shares are down 2.7% year to date as of the close of trading on Tuesday.TheStreet Ratings rates Royal Dutch Shell 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, attractive valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Royal Dutch Shell Ratings Report now.It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
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