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.

Two out of the three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading down 9 points (0.0%) at 17,542 as of Wednesday, Aug. 5, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,510 issues advancing vs. 1,477 declining with 142 unchanged.

The Basic Materials sector currently sits down 0.8% versus the S&P 500, which is up 0.3%. Top gainers within the sector include

HollyFrontier

(

HFC

), up 4.7%,

Spectra Energy

(

SE

), up 1.5%,

Baker Hughes

(

BHI

), up 1.2%,

Halliburton

(

HAL

), up 1.0% and

Phillips 66

(

PSX

), up 0.8%. On the negative front, top decliners within the sector include

Plains GP Holdings

(

PAGP

), down 18.4%,

Chesapeake Energy

(

CHK

), down 9.9%,

Sunoco Logistics Partners

(

SXL

), down 6.0%,

Enbridge Energy Partners

(

EEP

), down 4.5% and

Magellan Midstream Partners L.P

(

MMP

), down 4.0%.

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

3.

ArcelorMittal

(

TheStreet Recommends

MT

) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, ArcelorMittal is up $0.30 (3.3%) to $9.30 on average volume. Thus far, 5.5 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $9.28-$9.53 after having opened the day at $9.40 as compared to the previous trading day's close of $9.00.

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ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. ArcelorMittal has a market cap of $14.9 billion and is part of the metals & mining industry. Shares are down 18.4% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate ArcelorMittal a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

ArcelorMittal

as a

hold

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. Get the full

ArcelorMittal Ratings Report

now.

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2. As of noon trading,

Vale

(

VALE

) is up $0.13 (2.5%) to $5.36 on average volume. Thus far, 14.0 million shares of Vale exchanged hands as compared to its average daily volume of 30.2 million shares. The stock has ranged in price between $5.34-$5.54 after having opened the day at $5.44 as compared to the previous trading day's close of $5.23.

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Vale S.A., together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Vale has a market cap of $16.2 billion and is part of the metals & mining industry. Shares are down 36.1% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Vale a buy, 6 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Vale

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full

Vale Ratings Report

now.

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1. As of noon trading,

Royal Dutch Shell

(

RDS.A

) is up $0.72 (1.3%) to $57.82 on average volume. Thus far, 2.0 million shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $57.76-$58.42 after having opened the day at $58.16 as compared to the previous trading day's close of $57.10.

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Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell has a market cap of $182.9 billion and is part of the energy industry. Shares are down 14.7% year-to-date as of the close of trading on Tuesday.

TheStreet Ratings rates

Royal Dutch Shell

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. 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

Royal Dutch Shell 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

Materials Select Sector SPDR

(

XLB

) while those bearish on the basic materials sector could consider

ProShares Short Basic Materials Fd

(

SBM

).