3 Stocks Boosting The Basic Materials Sector Higher
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.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 190 points (1.1%) at 17,825 as of Thursday, March 12, 2015, 1:30 PM ET. The NYSE advances/declines ratio sits at 2,258 issues advancing vs. 752 declining with 137 unchanged.
The Basic Materials sector currently sits down 0.3% versus the S&P 500, which is up 1.0%. Top gainers within the sector include
(
), up 4.2%,
(
), up 3.5%,
(
), up 2.6%,
(
), up 1.9% and
(
), up 2.6%. On the negative front, top decliners within the sector include
(
), down 6.4%,
(
), down 4.2%,
(
), down 3.0%,
(
), down 2.0% and
(
), down 1.9%.
TheStreet would like to highlight 3 stocks pushing the sector higher today:
3.
(
) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Monsanto is up $1.58 (1.4%) to $118.48 on light volume. Thus far, 757,619 shares of Monsanto exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $116.98-$118.61 after having opened the day at $117.39 as compared to the previous trading day's close of $116.91.
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Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto has a market cap of $56.6 billion and is part of the chemicals industry. Shares are down 2.1% year-to-date as of the close of trading on Wednesday. Currently there are 13 analysts who rate Monsanto a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Monsanto
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
2. As of noon trading,
(
) is up $0.54 (1.2%) to $47.32 on average volume. Thus far, 4.4 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 9.1 million shares. The stock has ranged in price between $46.88-$47.64 after having opened the day at $47.03 as compared to the previous trading day's close of $46.78.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. Dow Chemical has a market cap of $54.5 billion and is part of the chemicals industry. Shares are up 2.6% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Dow Chemical a buy, 3 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Dow Chemical
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
1. As of noon trading,
(
) is up $0.93 (1.1%) to $86.04 on light volume. Thus far, 1.4 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $85.20-$86.89 after having opened the day at $85.20 as compared to the previous trading day's close of $85.11.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. LyondellBasell Industries has a market cap of $40.3 billion and is part of the chemicals industry. Shares are up 7.2% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate LyondellBasell Industries a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
LyondellBasell Industries
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
LyondellBasell Industries Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
(
) while those bearish on the basic materials sector could consider
ProShares Short Basic Materials Fd
(
).
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