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EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Basic Materials Stocks On The Rise With Help From 3 Stocks

Stock quotes in this article: KMP, PPG, FCX

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 16 points (0.1%) at 16,738 as of Wednesday, June 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,399 issues advancing vs. 1,611 declining with 145 unchanged.

The Basic Materials sector currently sits up 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Williams Partners ( WPZ), up 1.3%, Kinder Morgan ( KMI), up 1.0%, E I du Pont de Nemours & Company ( DD), up 0.8% and Apache Corporation ( APA), up 0.7%. On the negative front, top decliners within the sector include Total ( TOT), down 1.4%, Petroleo Brasileiro SA Petrobras ( PBR), down 1.4%, China Petroleum & Chemical ( SNP), down 1.3%, Valero Energy ( VLO), down 1.2% and TransCanada ( TRP), down 0.9%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. Kinder Morgan Energy Partners ( KMP) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Kinder Morgan Energy Partners is up $1.16 (1.5%) to $77.89 on average volume. Thus far, 948,854 shares of Kinder Morgan Energy Partners exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $76.74-$77.91 after having opened the day at $76.75 as compared to the previous trading day's close of $76.73.

Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. Kinder Morgan Energy Partners has a market cap of $24.5 billion and is part of the energy industry. Shares are down 4.9% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Kinder Morgan Energy Partners a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Kinder Morgan Energy Partners as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Kinder Morgan Energy Partners Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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