5 Stocks Pushing The Metals & Mining Industry Higher
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 lower today with the Dow Jones Industrial Average (^DJI) trading up 51 points (0.4%) at 13,835 as of Tuesday, Feb. 26, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,532 issues advancing vs. 1,325 declining with 146 unchanged.The Metals & Mining industry currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the industry include Goldcorp (GG), up 2.1%, Barrick Gold Corporation (ABX), up 1.6%, Newmont Mining Corporation (NEM), up 0.9% and Tenaris (TS), up 1.3%.TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:5. Randgold Resources (GOLD) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Randgold Resources is up $2.26 (2.7%) to $84.90 on heavy volume Thus far, 436,286 shares of Randgold Resources exchanged hands as compared to its average daily volume of 497,800 shares. The stock has ranged in price between $82.88-$85.08 after having opened the day at $83.43 as compared to the previous trading day's close of $82.64. Randgold Resources Limited, together with its subsidiaries, engages in the exploration and mining of gold deposits in west and central Africa. Randgold Resources has a market cap of $7.5 billion and is part of the basic materials sector. The company has a P/E ratio of 17.8, equal to the S&P 500 P/E ratio of 17.7. Shares are down 17.5% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Randgold Resources a buy, no analysts rate it a sell, and 3 rate it a hold.TheStreet Ratings rates Randgold Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Randgold Resources 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
Latest Headlines about AEM
-
Gold Gains as Traders Cover Shorts (Update 2)
04:53PM 05/08/13
-
Gold Prices Sink on Profit-Taking (Update 1)
03:31PM 05/07/13
-
Gold Prices Flatline as Gold Miners Surge on Dow Record (Update 1)
01:27PM 03/06/13
-
Gold Prices Pare Gains as Dow Hits All-Time High (Update 1)
10:36AM 03/05/13
-
Multi-Year Lows Tarnish Gold Stocks
08:31AM 03/05/13
-
Gold Prices Halt Losing Streak
02:15PM 02/21/13
-
Gold Prices Drop Ahead of G7 Meeting (Update1)
04:32PM 02/11/13
Latest from TheStreet Wire
-
Diana Containerships Inc. Stock Upgraded (DCIX)
05:00AM 05/23/13
-
Cencosud SA Stock Downgraded (CNCO)
05:00AM 05/23/13
-
Green Dot Corp Stock Upgraded (GDOT)
05:00AM 05/23/13
-
Memsic Inc. Stock Upgraded (MEMS)
05:00AM 05/23/13
-
Stifel Financial Corp. Stock Upgraded (SF)
05:00AM 05/23/13
-
Numerex Corp Stock Downgraded (NMRX)
05:00AM 05/23/13
-
GulfMark Offshore Inc. Stock Upgraded (GLF)
05:00AM 05/23/13
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
