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 97 points (0.5%) at 17,727 as of Wednesday, July 29, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,089 issues advancing vs. 896 declining with 165 unchanged.

The Basic Materials sector currently sits up 1.7% versus the S&P 500, which is up 0.5%. Top gainers within the sector include

Cytec Industries

(

CYT

), up 26.4%,

Petroleo Brasileiro SA Petrobras

(

PBR

), up 6.2%,

Anadarko Petroleum

(

APC

), up 3.6%,

Statoil ASA

(

STO

), up 3.2% and

PetroChina

(

PTR

), up 3.0%. On the negative front, top decliners within the sector include

Consol Energy

(

CNX

), down 8.0%,

Range Resources

(

RRC

), down 5.0%,

Valero Energy

(

VLO

), down 1.4% and

Kinder Morgan

(

KMI

), down 0.5%.

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

3.

Vale

(

VALE

) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Vale is up $0.14 (2.6%) to $5.54 on average volume. Thus far, 15.6 million shares of Vale exchanged hands as compared to its average daily volume of 31.7 million shares. The stock has ranged in price between $5.44-$5.61 after having opened the day at $5.54 as compared to the previous trading day's close of $5.40.

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.

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 $26.2 billion and is part of the metals & mining industry. Shares are down 34.0% 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 6 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.

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,

EOG Resources

(

EOG

) is up $0.82 (1.1%) to $77.67 on average volume. Thus far, 3.0 million shares of EOG Resources exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $76.50-$79.01 after having opened the day at $76.50 as compared to the previous trading day's close of $76.85.

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.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. EOG Resources has a market cap of $40.2 billion and is part of the energy industry. Shares are down 16.5% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate EOG Resources a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

EOG Resources

as a

buy

. 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 expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

EOG 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.

1. As of noon trading,

Halliburton

(

HAL

) is up $0.47 (1.1%) to $42.39 on average volume. Thus far, 7.5 million shares of Halliburton exchanged hands as compared to its average daily volume of 12.9 million shares. The stock has ranged in price between $41.50-$42.85 after having opened the day at $41.50 as compared to the previous trading day's close of $41.92.

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.

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 $35.0 billion and is part of the energy industry. Shares are up 6.6% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts who rate Halliburton a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Halliburton

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, reasonable valuation levels and good cash flow from operations. 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

Halliburton 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

).