3 Stocks Pushing 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 53 points (0.3%) at 17,715 as of Wednesday, March 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,670 issues advancing vs. 1,290 declining with 158 unchanged.
The Basic Materials sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the sector include
(
), up 3.7%,
(
), up 3.4%,
(
), up 2.4%,
Petroleo Brasileiro SA Petrobras
(
), up 2.2% and
(
), up 1.8%. On the negative front, top decliners within the sector include
(
), down 20.0%,
(
), down 7.0%,
(
), down 2.2%,
(
), down 1.7% and
(
), down 1.7%.
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, Antero Resources is up $0.84 (2.4%) to $36.37 on average volume. Thus far, 811,613 shares of Antero Resources exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $35.25-$36.37 after having opened the day at $35.60 as compared to the previous trading day's close of $35.53.
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Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. Antero Resources has a market cap of $9.4 billion and is part of the energy industry. Shares are down 12.4% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate Antero Resources a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Antero Resources
as a
. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, generally high debt management risk and weak operating cash flow. Get the full
Antero Resources Ratings Report
now.
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2. As of noon trading,
E I du Pont de Nemours & Company
(
) is up $0.55 (0.7%) to $79.32 on heavy volume. Thus far, 3.6 million shares of E I du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $78.42-$79.37 after having opened the day at $78.63 as compared to the previous trading day's close of $78.77.
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E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company's Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides. E I du Pont de Nemours & Company has a market cap of $71.1 billion and is part of the chemicals industry. Shares are up 6.5% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate E I du Pont de Nemours & Company a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates
E I du Pont de Nemours & Company
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full
E I du Pont de Nemours & Company Ratings Report
now.
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1. As of noon trading,
(
) is up $0.25 (0.6%) to $41.56 on light volume. Thus far, 5.7 million shares of Halliburton exchanged hands as compared to its average daily volume of 17.5 million shares. The stock has ranged in price between $40.99-$41.57 after having opened the day at $40.99 as compared to the previous trading day's close of $41.31.
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Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation. Halliburton has a market cap of $35.7 billion and is part of the energy industry. Shares are up 5.0% year-to-date as of the close of trading on Tuesday. Currently there are 18 analysts who rate Halliburton a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Halliburton
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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.
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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