3 Stocks Improving Performance Of The Metals & Mining Industry - TheStreet

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All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 24 points (-0.1%) at 16,982 as of Wednesday, Oct. 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,291 issues advancing vs. 1,724 declining with 155 unchanged.

The Metals & Mining industry currently sits down 0.6% versus the S&P 500, which is down 0.2%.

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

3.

POSCO

(

PKX

) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, POSCO is up $1.00 (1.4%) to $74.91 on heavy volume. Thus far, 206,746 shares of POSCO exchanged hands as compared to its average daily volume of 265,300 shares. The stock has ranged in price between $74.68-$75.73 after having opened the day at $75.43 as compared to the previous trading day's close of $73.91.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

POSCO, together with its subsidiaries, manufactures and sells steel rolled products and plates. It operates through four segments: Steel, Trading, Construction, and Others. POSCO has a market cap of $25.6 billion and is part of the basic materials sector. Shares are down 5.2% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates POSCO a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

POSCO

as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full

POSCO Ratings Report

now.

STOCKS TO BUY: 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,

Teck Resources

(

TCK

) is up $0.57 (3.6%) to $16.51 on heavy volume. Thus far, 3.7 million shares of Teck Resources exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $16.22-$17.21 after having opened the day at $16.43 as compared to the previous trading day's close of $15.94.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Teck Resources Limited explores for, develops, and produces natural resources in the Americas, Asia Pacific, Europe, and Africa. Its principal products include copper, including copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates. Teck Resources has a market cap of $8.7 billion and is part of the basic materials sector. Shares are down 38.7% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Teck Resources a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Teck Resources

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. Get the full

Teck Resources Ratings Report

now.

STOCKS TO BUY: 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,

United States Steel

(

X

) is up $2.86 (7.5%) to $41.01 on heavy volume. Thus far, 10.6 million shares of United States Steel exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $40.03-$42.25 after having opened the day at $42.20 as compared to the previous trading day's close of $38.15.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. The company operates in three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). United States Steel has a market cap of $5.3 billion and is part of the basic materials sector. Shares are up 29.3% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate United States Steel a buy, 3 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

United States Steel

as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and generally higher debt management risk. Get the full

United States Steel Ratings Report

now.

STOCKS TO BUY: 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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