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.

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4. As of noon trading, EOG Resources ( EOG) is up $2.16 (1.7%) to $126.08 on average volume Thus far, 745,585 shares of EOG Resources exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $124.37-$126.17 after having opened the day at $124.48 as compared to the previous trading day's close of $123.92.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of crude oil and natural gas. EOG Resources has a market cap of $34.0 billion and is part of the energy industry. The company has a P/E ratio of 59.2, above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Monday. Currently there are 20 analysts that rate EOG Resources a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full EOG Resources Ratings Report now.

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3. As of noon trading, National Oilwell Varco ( NOV) is up $1.72 (2.5%) to $70.23 on average volume Thus far, 2.6 million shares of National Oilwell Varco exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $69.26-$70.81 after having opened the day at $69.83 as compared to the previous trading day's close of $68.51.

National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. National Oilwell Varco has a market cap of $29.1 billion and is part of the energy industry. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7. Shares are up 0.2% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate National Oilwell Varco a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates National Oilwell Varco 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, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full National Oilwell Varco Ratings Report now.

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2. As of noon trading, Chevron ( CVX) is up $0.63 (0.5%) to $120.81 on light volume Thus far, 1.7 million shares of Chevron exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $120.32-$120.96 after having opened the day at $120.74 as compared to the previous trading day's close of $120.18.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. Chevron has a market cap of $235.4 billion and is part of the energy industry. The company has a P/E ratio of 9.1, below 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 Monday. Currently there are 12 analysts that rate Chevron a buy, no analysts rate it a sell, and 3 rate it a hold.

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

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1. As of noon trading, Exxon Mobil Corporation ( XOM) is up $0.94 (1.1%) to $89.96 on average volume Thus far, 5.0 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 12.7 million shares. The stock has ranged in price between $89.36-$90.10 after having opened the day at $89.41 as compared to the previous trading day's close of $89.02.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products. It has approximately 37,228 gross and 31,264 net operated wells. Exxon Mobil Corporation has a market cap of $400.1 billion and is part of the energy industry. The company has a P/E ratio of 9.2, below the S&P 500 P/E ratio of 17.7. Shares are up 2.9% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Exxon Mobil Corporation a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, notable return on equity, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Exxon Mobil Corporation Ratings Report now.

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If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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