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 One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 15,089 as of Monday, May 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,245 issues advancing vs. 1,704 declining with 112 unchanged. The Basic Materials sector currently sits down 0.52 versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Mosaic ( MOS), down 3.46, Encana ( ECA), down 3.09, Teck Resources ( TCK), down 2.78, Goldcorp ( GG), down 2.29 and PetroChina ( PTR), down 1.68. TheStreet Ratings group would like to highlight 3 stocks pushing the sector higher today: 3. Spectra Energy ( SE) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Spectra Energy is up $0.33 (1.07) to $31.12 on light volume Thus far, 1.3 million shares of Spectra Energy exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $30.63-$31.12 after having opened the day at $30.80 as compared to the previous trading day's close of $30.79. Spectra Energy Corp, through its subsidiaries, owns and operates a portfolio of natural gas-related energy assets in North America. The company's U.S. Spectra Energy has a market cap of $20.6 billion and is part of the energy industry. The company has a P/E ratio of 21.5, above the S&P 500 P/E ratio of 17.7. Shares are up 12.4% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Spectra Energy a buy, no analysts rate it a sell, and 5 rate it a hold. TheStreet Ratings rates Spectra Energy as a buy. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Spectra Energy Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.