Basic Materials Stocks On The Rise With Help From 5 Stocks

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 79 points (0.6%) at 14,527 as of Tuesday, March 26, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,104 declining with 127 unchanged.

The Basic Materials sector currently is unchanged today versus the S&P 500, which is up 0.4%. Top gainers within the sector include Monsanto Company ( MON), up 3.7%, Ecopetrol S.A ( EC), up 1.5%, PetroChina ( PTR), up 1.1%, Anadarko Petroleum ( APC), up 0.9% and Royal Dutch Shell ( RDS.A), up 0.9%. A company within the sector that fell today was Potash Corporation of Saskatchewan ( POT), up 0.8%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:

5. Royal Dutch Shell ( RDS.B) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Royal Dutch Shell is up $0.64 (1.0%) to $67.28 on average volume Thus far, 515,151 shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $66.88-$67.39 after having opened the day at $67.02 as compared to the previous trading day's close of $66.64.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell has a market cap of $212.7 billion and is part of the energy industry. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are down 6.0% year to date as of the close of trading on Monday.

TheStreet Ratings rates Royal Dutch Shell as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Royal Dutch Shell Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you liked this article you might like

Shell Relinquishes Operations at Oil Field in Iraq

With Hurricane Harvey, We Are in the Crosshairs of Volatility: Market Recon

Oil Rises as Hurricane Harvey Threat to Refining and Production Grows

5 European Big Spenders Promise Future Growth

Don't Buy Into the 'New Normal' Oil Hype