Tenaris SA (TS): Today's Featured Metals & Mining Winner

Tenaris ( TS) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 2.0%. By the end of trading, Tenaris rose $0.77 (1.9%) to $41.04 on light volume. Throughout the day, 781,429 shares of Tenaris exchanged hands as compared to its average daily volume of 1,233,500 shares. The stock ranged in a price between $40.60-$41.23 after having opened the day at $40.82 as compared to the previous trading day's close of $40.27. Other companies within the Metals & Mining industry that increased today were: Minco Gold Corporation ( MGH), up 30.0%, Prospect Global Resources ( PGRX), up 17.7%, Alexco Resource ( AXU), up 15.2% and Claude Resources ( CGR), up 14.8%.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $23.9 billion and is part of the basic materials sector. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7. Shares are down 3.9% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Tenaris a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Tenaris 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, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Ossen Innovation ( OSN), down 13.8%, Rare Element Resources ( REE), down 7.1%, Grupo Simec S.A.B. de C.V ( SIM), down 4.8% and Sutor Technology Group ( SUTR), down 4.6% , were all laggards within the metals & mining industry with Molycorp ( MCP) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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