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Plains All American Pipeline LP (PAA): Today's Featured Basic Materials Winner

Plains All American Pipeline ( PAA) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole was unchanged today. By the end of trading, Plains All American Pipeline rose $0.95 (1.7%) to $57.38 on average volume. Throughout the day, 930,516 shares of Plains All American Pipeline exchanged hands as compared to its average daily volume of 1,076,700 shares. The stock ranged in a price between $56.08-$57.67 after having opened the day at $56.57 as compared to the previous trading day's close of $56.43. Other companies within the Basic Materials sector that increased today were: China Gengsheng Minerals ( CHGS), up 35.9%, Flexible Solutions International ( FSI), up 14.4%, Endeavour Silver Corporation ( EXK), up 11.4% and Prospect Global Resources ( PGRX), up 11.2%.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. Plains All American Pipeline has a market cap of $19.1 billion and is part of the energy industry. Shares are up 24.5% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Plains All American Pipeline a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Plains All American Pipeline as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Sibanye Gold Ltd ADR ( SBGL), down 41.6%, BMB Munai ( BMBM), down 20.6%, Crosshair Energy ( CXZ), down 13.3% and MagneGas Corporation ( MNGA), down 9.5% , were all laggards within the basic materials sector with Valero Energy Corporation ( VLO) being today's basic materials sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).

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