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.

Talisman Energy ( TLM) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 0.2%. By the end of trading, Talisman Energy rose 24 cents (1.7%) to $14.41 on heavy volume. Throughout the day, 12.9 million shares of Talisman Energy exchanged hands as compared to its average daily volume of 5.1 million shares. The stock ranged in a price between $14.37-$14.89 after having opened the day at $14.64 as compared to the previous trading day's close of $14.17. Other companies within the Basic Materials sector that increased today were: General Steel Holdings ( GSI), up 26.2%, GeoGlobal Resources ( GGR), up 18.3%, Houston American Energy Corporation ( HUSA), up 18.3%, and Tasman Metals ( TAS), up 16.1%.

Talisman Energy Inc., an upstream oil and gas company, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. It primarily operates in North America, the North Sea, and southeast Asia. Talisman Energy has a market cap of $14.5 billion and is part of the energy industry. The company has a P/E ratio of 28.1, above the average energy industry P/E ratio of 27 and above the S&P 500 P/E ratio of 17.7. Shares are up 11.1% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Talisman Energy a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Talisman Energy as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and unimpressive growth in net income.

On the negative front, Atlatsa Resources ( ATL), down 14.1%, BioFuel Energy Corporation ( BIOF), down 12.9%, Pure Bioscience ( PURE), down 11.2%, and Plains Exploration & Production Company ( PXP), down 10.5%, were all laggards within the basic materials sector with National Oilwell Varco ( NOV) being today's basic materials sector laggard.

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).

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.