Sunoco Logistics Partners

(

SXL

) pushed the Basic Materials sector lower today making it today's featured Basic Materials loser. The sector as a whole closed the day up 5.2%. By the end of trading, Sunoco Logistics Partners fell $2.34 (-2.2%) to $103.26 on heavy volume. Throughout the day, 129,207 shares of Sunoco Logistics Partners exchanged hands as compared to its average daily volume of 85,400 shares. The stock ranged in price between $103.05-$106.48 after having opened the day at $106.48 as compared to the previous trading day's close of $105.60. Other company's within the Basic Materials sector that declined today were:

Cano Petroleum Inc

(

CFW

), down 42.7%,

Pure Bioscience Inc

(

PURE

), down 13.9%,

BioFuel Energy Corporation

(

BIOF

), down 10.1%, and

WSP Holdings

(

WH

), down 9.8%.

Sunoco Logistics Partners L.P. engages in the transport, terminalling, and storage of refined products and crude oil, as well as the purchase and sale of crude oil in the United States. Sunoco Logistics Partners has a market cap of $3.48 billion and is part of the

energy

industry. The company has a P/E ratio of 14.6, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 26.3% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Sunoco Logistics as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, 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,

Avalon Rare Metals Inc

(

AVL

), up 23.3%,

James River Coal Company

(

JRCC

), up 21.4%,

Patriot Coal Corporation

(

PCX

), up 19.9%, and

TPC Group Inc

(

TPCG

), up 19.8%, were all gainers within the basic materials sector with

Apache Corporation

(

APA

) being today's featured basic materials sector winner.

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

).

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