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





) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 0.5%. By the end of trading, Goldcorp rose $2.75 (6.7%) to $43.82 on average volume. Throughout the day, 6.7 million shares of Goldcorp exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in a price between $42.39-$43.98 after having opened the day at $42.74 as compared to the previous trading day's close of $41.07. Other companies within the Basic Materials sector that increased today were:

Carbo Ceramics



), up 17.6%,




), up 12.2%,

Ivanhoe Energy



), up 12.1%, and

Crosshair Energy



), up 11.8%.

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Goldcorp Inc. engages in the acquisition, development, exploration, and operation of precious metal properties. It primarily explores gold, silver, copper, lead, and zinc. Goldcorp has a market cap of $34.51 billion and is part of the metals & mining industry. The company has a P/E ratio of 26.4, below the average metals & mining industry P/E ratio of 27.3 and above the S&P 500 P/E ratio of 17.7. Shares are down 3.8% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Goldcorp a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Goldcorp as a


. 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front,

Andatee China Marine Fuel Services Corporat



), down 13.7%,

Atlatsa Resources



), down 10.8%,

Cliffs Natural Resources



), down 10.5%, and

Entree Gold



), down 10.2%, were all laggards within the basic materials sector with

United States Steel Corporation



) 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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