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.
) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 1.6%. By the end of trading, Plains All American Pipeline rose $0.55 (1.0%) to $53.75 on average volume. Throughout the day, 704,794 shares of Plains All American Pipeline exchanged hands as compared to its average daily volume of 915,300 shares. The stock ranged in a price between $53.21-$54.01 after having opened the day at $53.35 as compared to the previous trading day's close of $53.20. Other companies within the Basic Materials sector that increased today were:
), up 13.4%,
), up 13.3%,
), up 6.2% and
), up 6.0%.
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Plains All American Pipeline, L.P., together with its subsidiaries, is engaged in transporting, storing, terminalling, and marketing crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. Plains All American Pipeline has a market cap of $19.2 billion and is part of the energy industry. Shares are up 2.8% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Plains All American Pipeline a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Plains All American Pipeline
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Plains All American Pipeline Ratings Report.
On the negative front,
), down 21.3%,
), down 14.4%,
), down 12.0% and
), down 12.0% , were all laggards within the basic materials sector with
) being today's basic materials sector laggard.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
) while those bearish on the basic materials sector could consider
- Find other investment ideas from our top rated ETFs lists.