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 down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 198 points (-1.1%) at 17,813 as of Wednesday, March 25, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 2,036 declining with 138 unchanged.
The Basic Materials sector currently sits up 0.2% versus the S&P 500, which is down 0.9%. Top gainers within the sector include
(
), up 3.5%,
(
), up 3.3%,
(
), up 2.8%,
(
), up 2.4% and
(
), up 2.2%. On the negative front, top decliners within the sector include
(
), down 9.3%,
(
), down 1.4% and
(
), down 0.9%.
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, Pioneer Natural Resources is up $2.25 (1.4%) to $160.25 on light volume. Thus far, 827,756 shares of Pioneer Natural Resources exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $159.06-$161.49 after having opened the day at $159.83 as compared to the previous trading day's close of $158.00.
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.
Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. Pioneer Natural Resources has a market cap of $23.7 billion and is part of the energy industry. Shares are up 6.2% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts who rate Pioneer Natural Resources a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Pioneer Natural Resources
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full
Pioneer Natural Resources 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.
2. As of noon trading,
(
) is up $0.53 (1.1%) to $49.20 on average volume. Thus far, 3.6 million shares of Williams Companies exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $48.90-$51.15 after having opened the day at $49.05 as compared to the previous trading day's close of $48.67.
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 Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services. Williams Companies has a market cap of $36.7 billion and is part of the energy industry. Shares are up 8.3% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate Williams Companies a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Williams Companies
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, 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. Get the full
Williams Companies 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.
1. As of noon trading,
(
) is up $0.64 (0.8%) to $82.04 on light volume. Thus far, 1.2 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $81.31-$82.91 after having opened the day at $82.17 as compared to the previous trading day's close of $81.41.
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.
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. Anadarko Petroleum has a market cap of $41.1 billion and is part of the energy industry. Shares are down 1.3% year-to-date as of the close of trading on Tuesday. Currently there are 18 analysts who rate Anadarko Petroleum a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Anadarko Petroleum
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full
Anadarko Petroleum 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
(
).
null