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 60 points (0.4%) at 16,603 as of Friday, May 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,002 issues advancing vs. 938 declining with 179 unchanged.

The Metals & Mining industry currently sits up 0.2% versus the S&P 500, which is up 0.3%. Top gainers within the industry include

Tenaris

(

TS

), up 1.4%, and

Teck Resources

(

TCK

), up 1.4%.

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

3.

Nucor

(

NUE

) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Nucor is up $0.47 (0.9%) to $51.41 on light volume. Thus far, 326,234 shares of Nucor exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $50.86-$51.49 after having opened the day at $51.06 as compared to the previous trading day's close of $50.94.

Nucor Corporation, together with its subsidiaries, manufactures and sells steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. Nucor has a market cap of $16.4 billion and is part of the basic materials sector. Shares are down 4.6% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Nucor a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Nucor

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full

Nucor 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.

2. As of noon trading,

Alcoa

(

AA

) is up $0.22 (1.7%) to $13.45 on light volume. Thus far, 5.9 million shares of Alcoa exchanged hands as compared to its average daily volume of 22.6 million shares. The stock has ranged in price between $13.18-$13.45 after having opened the day at $13.20 as compared to the previous trading day's close of $13.23.

Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Alcoa has a market cap of $15.4 billion and is part of the basic materials sector. Shares are up 24.5% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Alcoa a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates

Alcoa

as a

hold

. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full

Alcoa 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.

1. As of noon trading,

Freeport-McMoRan Copper & Gold

(

FCX

) is up $0.20 (0.6%) to $34.50 on light volume. Thus far, 3.4 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 10.1 million shares. The stock has ranged in price between $34.27-$34.57 after having opened the day at $34.49 as compared to the previous trading day's close of $34.30.

Freeport-McMoRan Copper & Gold Inc., a natural resource company, is engaged in the acquisition of mineral assets, and oil and natural gas resources. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas. Freeport-McMoRan Copper & Gold has a market cap of $35.6 billion and is part of the basic materials sector. Shares are down 9.1% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts who rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Freeport-McMoRan Copper & Gold

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, feeble growth in the company's earnings per share and generally higher debt management risk. Get the full

Freeport-McMoRan Copper & Gold 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider

SPDR S&P Metals & Mining ETF

(

XME

) while those bearish on the metals & mining industry could consider

PowerShares DB Base Metals Sht ETN

(

BOS

).

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