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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.

Halliburton Company



) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Halliburton Company fell $0.95 (-1.9%) to $48.39 on average volume. Throughout the day, 7,955,828 shares of Halliburton Company exchanged hands as compared to its average daily volume of 9,748,100 shares. The stock ranged in price between $48.35-$49.34 after having opened the day at $49.20 as compared to the previous trading day's close of $49.34. Other companies within the Basic Materials sector that declined today were:

Asanko Gold



), down 22.0%,

Keegan Resources



), down 22.0%,

L & L Energy



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TheStreet Recommends

), down 13.5% and

McEwen Mining



), down 9.1%.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $45.3 billion and is part of the energy industry. Shares are up 42.8% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Halliburton Company

as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Tasman Metals



), up 16.7%,

Kimber Resources



), up 16.3%,

Kimber Resources



), up 16.3% and

Quest Rare Minerals



), up 14.3% , were all gainers within the basic materials sector with

Continental Resources



) being today's featured basic materials sector leader.

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




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