Petroleo Brasileiro SA Petrobras (PBR.A): Today's Featured Basic Materials Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Petroleo Brasileiro SA Petrobras ( PBR.A) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 1.6%. By the end of trading, Petroleo Brasileiro SA Petrobras rose $0.45 (3.1%) to $14.72 on light volume. Throughout the day, 4,391,820 shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7,794,200 shares. The stock ranged in a price between $14.32-$14.81 after having opened the day at $14.39 as compared to the previous trading day's close of $14.27. Other companies within the Basic Materials sector that increased today were: USEC ( USU), up 153.7%, Crosshair Energy ( CXZ), up 31.8%, Jaguar Mining ( JAG), up 28.7% and International Tower Hill Mines ( THM), up 27.3%.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $95.5 billion and is part of the energy industry. Shares are down 26.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. 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. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the negative front, Atlatsa Resources ( ATL), down 12.3%, Cardero Resources Corporation ( CDY), down 9.2%, Ossen Innovation ( OSN), down 7.9% and Houston American Energy Corporation ( HUSA), down 7.9% , were all laggards within the basic materials sector with Devon Energy ( DVN) being today's basic materials sector laggard.

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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