3 Basic Materials Stocks Pushing Sector Growth

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 19 points (-0.1%) at 15,282 as of Wednesday, July 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,222 issues advancing vs. 1,685 declining with 126 unchanged.

The Basic Materials sector currently sits down 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Canadian Natural Resources ( CNQ), up 1.2%, BP ( BP), up 1.2%, Statoil ASA ( STO), up 0.9%, Petroleo Brasileiro SA Petrobras ( PBR), up 0.9% and LyondellBasell Industries ( LYB), up 0.6%. On the negative front, top decliners within the sector include Phillips 66 ( PSX), down 3.2%, Marathon Petroleum ( MPC), down 2.6%, Ecopetrol S.A ( EC), down 1.5%, Apache Corporation ( APA), down 1.2% and Exxon Mobil Corporation ( XOM), down 0.9%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. Kinder Morgan Energy Partners ( KMP) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Kinder Morgan Energy Partners is up $0.87 (1.0%) to $87.06 on light volume. Thus far, 468,925 shares of Kinder Morgan Energy Partners exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $85.91-$87.17 after having opened the day at $86.17 as compared to the previous trading day's close of $86.19.

Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. Kinder Morgan Energy Partners has a market cap of $26.5 billion and is part of the energy industry. Shares are up 8.0% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Kinder Morgan Energy Partners a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Kinder Morgan Energy Partners as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Kinder Morgan Energy Partners Ratings Report now.

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2. As of noon trading, Royal Dutch Shell ( RDS.A) is up $0.52 (0.8%) to $65.08 on average volume. Thus far, 1.3 million shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $64.63-$65.23 after having opened the day at $64.72 as compared to the previous trading day's close of $64.56.

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 $202.7 billion and is part of the energy industry. Shares are down 6.4% year to date as of the close of trading on Tuesday.

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 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 Royal Dutch Shell 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, Anadarko Petroleum ( APC) is up $0.52 (0.6%) to $88.88 on light volume. Thus far, 892,524 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $88.13-$88.91 after having opened the day at $88.54 as compared to the previous trading day's close of $88.36.

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 $44.3 billion and is part of the energy industry. Shares are up 18.8% year to date as of the close of trading on Tuesday. Currently there are 19 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.

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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