National Oilwell Varco Inc. (NOV): 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.National Oilwell Varco (NOV) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 0.1%. By the end of trading, National Oilwell Varco rose $1.43 (1.9%) to $77.52 on average volume. Throughout the day, 3,808,169 shares of National Oilwell Varco exchanged hands as compared to its average daily volume of 3,084,000 shares. The stock ranged in a price between $76.19-$77.69 after having opened the day at $76.31 as compared to the previous trading day's close of $76.09. Other companies within the Basic Materials sector that increased today were: Prospect Global Resources (PGRX), up 13.9%, Andatee China Marine Fuel Services Corporat (AMCF), up 12.8%, Atlatsa Resources (ATL), up 12.7% and DRDGold (DRD), up 9.8%.
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