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 127 points (0.8%) at 15,307 as of Tuesday, June 18, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Basic Materials sector currently sits up 0.4% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Pioneer Natural Resources Company ( PXD), up 2.6%, Range Resources Corporation ( RRC), up 3.2%, Marathon Oil ( MRO), up 2.0%, Cabot Oil & Gas Corporation ( COG), up 1.9% and National Oilwell Varco ( NOV), up 2.2%. On the negative front, top decliners within the sector include Franco-Nevada ( FNV), down 4.23, Newmont Mining Corporation ( NEM), down 3.29, Valhi ( VHI), down 3.02, Eldorado Gold ( EGO), down 3.41 and Barrick Gold Corporation ( ABX), down 2.94.

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

5. Anadarko Petroleum ( APC) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Anadarko Petroleum is up $0.48 (0.55) to $87.53 on light volume Thus far, 776,809 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $86.66-$87.62 after having opened the day at $87.19 as compared to the previous trading day's close of $87.05.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids (NGLs) in the United States and internationally. Anadarko Petroleum has a market cap of $43.2 billion and is part of the energy industry. The company has a P/E ratio of 62.9, 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 Monday. Currently there are 20 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Anadarko Petroleum 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, LyondellBasell Industries ( LYB) is up $1.18 (1.73) to $69.32 on light volume Thus far, 903,713 shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $68.39-$69.45 after having opened the day at $68.44 as compared to the previous trading day's close of $68.14.

LyondellBasell Industries N.V., together with its subsidiaries, manufacturers and sells chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for the production of polymers. LyondellBasell Industries has a market cap of $38.8 billion and is part of the chemicals industry. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 19.4% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate LyondellBasell Industries a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates LyondellBasell Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LyondellBasell Industries 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, Apache Corporation ( APA) is up $0.95 (1.10) to $87.47 on light volume Thus far, 805,439 shares of Apache Corporation exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $86.26-$87.50 after having opened the day at $86.50 as compared to the previous trading day's close of $86.52.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $33.3 billion and is part of the energy industry. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are up 10.2% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Apache Corporation a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Apache Corporation as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, 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 Apache 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.

2. As of noon trading, Halliburton Company ( HAL) is up $0.68 (1.57) to $44.30 on light volume Thus far, 2.5 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $43.63-$44.47 after having opened the day at $43.63 as compared to the previous trading day's close of $43.62.

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 $40.0 billion and is part of the energy industry. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7. Shares are up 25.7% year to date as of the close of trading on Monday. Currently there are 20 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.

1. As of noon trading, Schlumberger ( SLB) is up $1.11 (1.52) to $74.21 on light volume Thus far, 1.5 million shares of Schlumberger exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $73.06-$74.27 after having opened the day at $73.28 as compared to the previous trading day's close of $73.10.

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 $95.2 billion and is part of the energy industry. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7. Shares are up 5.5% year to date as of the close of trading on Monday. 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.

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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