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 up 0.7%. By the end of trading, Valero Energy Corporation rose $1.07 (3.1%) to $35.67 on average volume. Throughout the day, 10,247,371 shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 8,194,500 shares. The stock ranged in a price between $34.40-$35.97 after having opened the day at $34.46 as compared to the previous trading day's close of $34.60. Other companies within the Basic Materials sector that increased today were:
), up 16.7%,
), up 13.2%,
), up 12.9% and
), up 11.9%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Ethanol, and Retail. Valero Energy Corporation has a market cap of $19.3 billion and is part of the energy industry. Shares are up 3.5% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Valero Energy Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Valero Energy Corporation
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Valero Energy Corporation Ratings Report.
On the negative front,
), down 19.6%,
), down 10.6%,
), down 10.1% and
), down 10.1% , 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.