Cameron International Corporation (CAM): Today's Featured Basic Materials Laggard

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.

Cameron International Corporation ( CAM) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day down 0.7%. By the end of trading, Cameron International Corporation fell $1.26 (-1.9%) to $64.15 on average volume. Throughout the day, 2.9 million shares of Cameron International Corporation exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in price between $63.91-$65.26 after having opened the day at $65.18 as compared to the previous trading day's close of $65.41. Other companies within the Basic Materials sector that declined today were: GMX Resources ( GMXR), down 17%, Minco Gold Corporation ( MGH), down 10.1%, Earthstone Energy ( ESTE), down 9.9%, and Constellation Energy Partners ( CEP), down 8.9%.
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Cameron International Corporation provides flow equipment products, systems, and services worldwide. Cameron International Corporation has a market cap of $16.14 billion and is part of the energy industry. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are up 15.9% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate Cameron International Corporation a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Cameron International Corporation as a buy. 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

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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