5 Stocks Pushing The Basic Materials Sector Downward

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 15,444 as of Tuesday, July 16, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 1,969 declining with 95 unchanged.

The Basic Materials sector currently sits down 0.2% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include Axiall ( AXLL), down 22.0%, Marathon Petroleum ( MPC), down 4.4%, El Paso Pipeline Partners ( EPB), down 3.0%, Phillips 66 ( PSX), down 2.7% and Energy Transfer Partners L.P ( ETP), down 2.1%. Top gainers within the sector include Barrick Gold Corporation ( ABX), up 6.6%, Kinross Gold Corporation ( KGC), up 5.8%, Yamana Gold ( AUY), up 5.4%, Randgold Resources ( GOLD), up 5.5% and Ecopetrol S.A ( EC), up 1.9%.

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

5. Mosaic ( MOS) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Mosaic is down $1.74 (-3.1%) to $54.39 on heavy volume. Thus far, 3.9 million shares of Mosaic exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $53.91-$56.14 after having opened the day at $56.03 as compared to the previous trading day's close of $56.13.

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. Mosaic has a market cap of $16.7 billion and is part of the chemicals industry. Shares are down 0.9% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Mosaic a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Mosaic 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, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Mosaic 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, Potash Corporation of Saskatchewan ( POT) is down $1.00 (-2.5%) to $38.66 on heavy volume. Thus far, 4.1 million shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $38.50-$39.79 after having opened the day at $39.74 as compared to the previous trading day's close of $39.66.

Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. Potash Corporation of Saskatchewan has a market cap of $34.3 billion and is part of the chemicals industry. Shares are down 2.8% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Potash Corporation of Saskatchewan a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Potash Corporation of Saskatchewan as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Potash Corporation of Saskatchewan 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, Dow Chemical ( DOW) is down $0.40 (-1.2%) to $34.00 on average volume. Thus far, 3.8 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $33.99-$34.51 after having opened the day at $34.31 as compared to the previous trading day's close of $34.40.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $41.3 billion and is part of the chemicals industry. Shares are up 6.4% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Dow Chemical a buy, 4 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Dow Chemical as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Dow Chemical 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, Monsanto Company ( MON) is down $0.91 (-0.9%) to $102.36 on average volume. Thus far, 1.2 million shares of Monsanto Company exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $102.09-$103.50 after having opened the day at $103.37 as compared to the previous trading day's close of $103.27.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $54.9 billion and is part of the chemicals industry. Shares are up 9.1% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Monsanto Company a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Monsanto Company 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, increase in stock price during the past year, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Monsanto Company 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, LyondellBasell Industries ( LYB) is down $1.51 (-2.1%) to $69.38 on light volume. Thus far, 1.2 million 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 $69.37-$71.28 after having opened the day at $71.03 as compared to the previous trading day's close of $70.89.

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 $40.3 billion and is part of the chemicals industry. Shares are up 22.6% 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.

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 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).
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