5 Stocks Boosting The Basic Materials Sector Higher

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 159 points (1.1%) at 15,200 as of Friday, June 7, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,044 issues advancing vs. 871 declining with 122 unchanged.

The Basic Materials sector currently is unchanged today versus the S&P 500, which is up 1.0%. Top gainers within the sector include Southwestern Energy Company ( SWN), up 2.9%, Continental Resources ( CLR), up 2.7%, Cabot Oil & Gas Corporation ( COG), up 2.8%, Monsanto Company ( MON), up 2.5% and PPG Industries ( PPG), up 2.4%. On the negative front, top decliners within the sector include Goldcorp ( GG), down 4.05, Barrick Gold Corporation ( ABX), down 3.75, Newmont Mining Corporation ( NEM), down 2.23, Petroleo Brasileiro SA Petrobras ( PBR.A), down 2.07 and LyondellBasell Industries ( LYB), down 1.97.

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

5. E.I. du Pont de Nemours & Company ( DD) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, E.I. du Pont de Nemours & Company is up $0.62 (1.13) to $55.41 on light volume Thus far, 2.0 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $54.93-$55.72 after having opened the day at $55.18 as compared to the previous trading day's close of $54.79.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $50.3 billion and is part of the chemicals 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 21.8% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate E.I. du Pont de Nemours & Company a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full E.I. du Pont de Nemours & Company Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Halliburton Company ( HAL) is up $0.64 (1.52) to $43.00 on light volume Thus far, 3.2 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 11.5 million shares. The stock has ranged in price between $42.25-$43.02 after having opened the day at $42.57 as compared to the previous trading day's close of $42.35.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $38.9 billion and is part of the energy industry. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are up 22.1% year to date as of the close of trading on Thursday. Currently there are 22 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

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

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Schlumberger ( SLB) is up $0.89 (1.21) to $74.19 on average volume Thus far, 2.9 million shares of Schlumberger exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $73.29-$74.34 after having opened the day at $74.04 as compared to the previous trading day's close of $73.30.

Schlumberger Limited, together with its subsidiaries, engages in the supply of technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $96.0 billion and is part of the energy industry. The company has a P/E ratio of 18.0, above the S&P 500 P/E ratio of 17.7. Shares are up 5.8% year to date as of the close of trading on Thursday. Currently there are 23 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Schlumberger as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins, unimpressive growth in net income and disappointing return on equity. Get the full Schlumberger Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Occidental Petroleum Corporation ( OXY) is up $0.75 (0.81) to $93.30 on average volume Thus far, 3.0 million shares of Occidental Petroleum Corporation exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $92.04-$93.62 after having opened the day at $93.01 as compared to the previous trading day's close of $92.55.

Occidental Petroleum Corporation engages in the exploration and production of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. Occidental Petroleum Corporation has a market cap of $75.2 billion and is part of the energy industry. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Occidental Petroleum Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

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

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Exxon Mobil Corporation ( XOM) is up $0.74 (0.82) to $90.97 on average volume Thus far, 5.6 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 13.2 million shares. The stock has ranged in price between $90.49-$91.35 after having opened the day at $90.89 as compared to the previous trading day's close of $90.23.

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 $400.8 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 4.3% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Exxon Mobil Corporation a buy, 1 analyst rates 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, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Exxon Mobil Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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