Skip to main content

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 Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.3%. By the end of trading, Tenaris rose 41 cents (1%) to $41.41 on light volume. Throughout the day, 858,208 shares of Tenaris exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in a price between $40.86-$41.53 after having opened the day at $41.23 as compared to the previous trading day's close of $41. Other companies within the Metals & Mining industry that increased today were:

China Precision Steel



), up 44.6%,




), up 13.8%,

General Steel Holdings



), up 11.5%, and

Quest Rare Minerals



), up 6.4%.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

Tenaris S.A., through its subsidiaries, engages in the manufacture and sale of steel pipe products. Tenaris has a market cap of $24.41 billion and is part of the

basic materials

sector. The company has a P/E ratio of 36.6, above the average energy industry P/E ratio of 14.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 10.3% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate Tenaris a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Tenaris as a


. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front,

Minco Gold Corporation



), down 7.2%,

Sterlite Industries (India



), down 5.5%,

Avino Silver & Gold Mines



), down 5.3%, and

Schnitzer Steel Industries



), down 5.1%, were all laggards within the metals & mining industry with

Gold Fields



) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider

SPDR S&P Metals & Mining ETF



) while those bearish on the metals & mining industry could consider

PowerShares DB Base Metals Sht ETN




FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!

Free download now