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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model


Continental Resources



) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 0.4%. By the end of trading, Continental Resources rose $1.92 (2.3%) to $86.98 on average volume. Throughout the day, 1.2 million shares of Continental Resources exchanged hands as compared to its average daily volume of 976,300 shares. The stock ranged in a price between $85.58-$88.06 after having opened the day at $85.83 as compared to the previous trading day's close of $85.06. Other companies within the Basic Materials sector that increased today were:

Andatee China Marine Fuel Services Corporat



), up 15.5%,

China Gengsheng Minerals



), up 14.3%,

Equal Energy



), up 10.3%, and

Gold Standard Ventures



), up 9.8%.

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Continental Resources, Inc. engages in the exploration, development, and production of crude oil and natural gas properties in the north, south, and east regions of the United States. Continental Resources has a market cap of $16.55 billion and is part of the energy industry. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 17.3% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate Continental Resources a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Continental Resources as a


. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front,

Kimber Resources



), down 11.5%,

HyperDynamics Corporation



), down 10.7%,

Sutor Technology Group



), down 9.4%, and

GMX Resources



), down 8.4%, were all laggards within the basic materials sector with

Monsanto Company



) being today's basic materials sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider

Materials Select Sector SPDR



) while those bearish on the basic materials sector could consider

ProShares Short Basic Materials Fd




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