Schlumberger NV (SLB): Today's Featured Basic Materials Winner

Schlumberger ( SLB) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 1.0%. By the end of trading, Schlumberger rose $1.75 (2.3%) to $76.54 on average volume. Throughout the day, 7,115,569 shares of Schlumberger exchanged hands as compared to its average daily volume of 6,933,200 shares. The stock ranged in a price between $75.23-$76.79 after having opened the day at $75.23 as compared to the previous trading day's close of $74.79. Other companies within the Basic Materials sector that increased today were: Lone Pine Resources ( LPR), up 30.2%, BMB Munai ( BMBM), up 26.7%, Avalon Rare Metals ( AVL), up 16.4% and Tasman Metals ( TAS), up 16.4%.

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 $98.5 billion and is part of the energy industry. Shares are up 7.9% year to date as of the close of trading on Monday. Currently there are 22 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.

On the negative front, Sibanye Gold Ltd ADR ( SBGL), down 48.6%, FX Energy ( FXEN), down 15.2%, Pacific Booker Minerals ( PBM), down 14.0% and Synthesis Energy Sys ( SYMX), down 12.2%.

For investors not wanting singular stock exposure, 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).

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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