Tesoro Corporation (TSO): Today's Featured Basic Materials Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Tesoro Corporation (TSO) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 0.9%. By the end of trading, Tesoro Corporation rose $1.08 (2.3%) to $47.78 on heavy volume. Throughout the day, 4,912,360 shares of Tesoro Corporation exchanged hands as compared to its average daily volume of 3,117,700 shares. The stock ranged in a price between $46.10-$48.60 after having opened the day at $46.65 as compared to the previous trading day's close of $46.70. Other companies within the Basic Materials sector that increased today were: GeoPetro Resources Company (GPR), up 75.0%, Crosshair Energy (CXZ), up 20.0%, China Gengsheng Minerals (CHGS), up 16.0% and Platinum Group Metal (PLG), up 9.4%.
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