5 Stocks Dragging In The Basic Materials Sector

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 89 points (0.6%) at 15,077 as of Friday, July 5, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,417 issues advancing vs. 1,574 declining with 76 unchanged.

The Basic Materials sector currently sits down 0.5% versus the S&P 500, which is up 0.6%. On the negative front, top decliners within the sector include Anglogold Ashanti ( AU), down 8.9%, Kinross Gold Corporation ( KGC), down 8.3%, Barrick Gold Corporation ( ABX), down 8.0%, Braskem ( BAK), down 8.2% and Goldcorp ( GG), down 5.5%. Top gainers within the sector include Apache Corporation ( APA), up 3.3%, Halliburton Company ( HAL), up 1.8%, LyondellBasell Industries ( LYB), up 1.3%, EOG Resources ( EOG), up 1.0% and Schlumberger ( SLB), up 0.9%.

TheStreet would like to highlight 5 stocks pushing the sector lower today:

5. Royal Dutch Shell ( RDS.B) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Royal Dutch Shell is down $0.49 (-0.7%) to $65.45 on average volume. Thus far, 545,523 shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $65.24-$65.80 after having opened the day at $65.75 as compared to the previous trading day's close of $65.94.

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 $209.6 billion and is part of the energy industry. Shares are down 7.0% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Royal Dutch Shell as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. 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.

STOCKS TO BUY: 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, Axiall ( AXLL) is down $13.53 (-24.8%) to $41.05 on light volume. Thus far, 485,017 shares of Axiall exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $40.72-$42.25 after having opened the day at $42.23 as compared to the previous trading day's close of $54.58.

Axiall Corporation operates as an integrated chemicals and building products company in North America and Asia. Axiall has a market cap of $2.8 billion and is part of the chemicals industry. Shares are down 1.5% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Axiall a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Axiall 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 reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and weak operating cash flow. Get the full Axiall Ratings Report now.

STOCKS TO BUY: 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, BP ( BP) is down $0.38 (-0.9%) to $40.80 on heavy volume. Thus far, 4.5 million shares of BP exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $40.68-$40.96 after having opened the day at $40.88 as compared to the previous trading day's close of $41.18.

BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. BP has a market cap of $130.6 billion and is part of the energy industry. Shares are down 0.6% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate BP a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates BP as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full BP Ratings Report now.

STOCKS TO BUY: 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, Marathon Petroleum ( MPC) is down $2.22 (-3.1%) to $68.51 on average volume. Thus far, 1.8 million shares of Marathon Petroleum exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $67.60-$70.66 after having opened the day at $70.28 as compared to the previous trading day's close of $70.73.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States. It operates through Refining & Marketing, Speedway, and Pipeline Transportation segments. Marathon Petroleum has a market cap of $22.5 billion and is part of the energy industry. Shares are up 12.3% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Marathon Petroleum a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Marathon Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Marathon Petroleum Ratings Report now.

STOCKS TO BUY: 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, Newmont Mining Corporation ( NEM) is down $1.77 (-6.1%) to $27.25 on average volume. Thus far, 6.0 million shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 9.3 million shares. The stock has ranged in price between $26.97-$28.12 after having opened the day at $28.11 as compared to the previous trading day's close of $29.02.

Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, Mexico, and New Zealand. Newmont Mining Corporation has a market cap of $14.4 billion and is part of the metals & mining industry. Shares are down 37.2% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Newmont Mining Corporation a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Newmont Mining Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Newmont Mining Corporation Ratings Report now.

STOCKS TO BUY: 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 3 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).

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