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.

Petroleo Brasileiro SA Petrobras

(

PBR.A

) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole was unchanged today. By the end of trading, Petroleo Brasileiro SA Petrobras fell $1.01 (-5.7%) to $16.81 on average volume. Throughout the day, 9,820,054 shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7,678,100 shares. The stock ranged in price between $16.63-$17.29 after having opened the day at $17.25 as compared to the previous trading day's close of $17.82. Other companies within the Basic Materials sector that declined today were:

Recon Technology

(

RCON

), down 9.9%,

Samson Oil & Gas

(

SSN

), down 8.7%,

Golden Star Resources

(

GSS

), down 8.5% and

Harvest Natural Resources

(

HNR

), down 8.1%.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $119.0 billion and is part of the energy industry. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7. Shares are down 5.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates

Petroleo Brasileiro SA Petrobras

as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

On the positive front,

Polymet Mining

(

PLM

), up 17.1%,

New Concept Energy

(

GBR

), up 11.7%,

YPF Sociedad Anonima

(

YPF

), up 10.2% and

Timberline Resources Corporation

(

TLR

), up 9.4% , were all gainers within the basic materials sector with

Continental Resources

(

CLR

) 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

(

XLB

) while those bearish on the basic materials sector could consider

ProShares Short Basic Materials Fd

(

SBM

).

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

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