Cameron International Corporation (CAM): Today's Featured Basic Materials Laggard

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.

Cameron International Corporation ( CAM) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 0.7%. By the end of trading, Cameron International Corporation fell $3.57 (-5.6%) to $60.00 on heavy volume. Throughout the day, 10,701,627 shares of Cameron International Corporation exchanged hands as compared to its average daily volume of 1,719,100 shares. The stock ranged in price between $59.05-$60.79 after having opened the day at $60.46 as compared to the previous trading day's close of $63.57. Other companies within the Basic Materials sector that declined today were: China Gengsheng Minerals ( CHGS), down 19.6%, Methes Energies International ( MEIL), down 10.6%, Prospect Global Resources ( PGRX), down 10.1% and Pacific Ethanol ( PEIX), down 10.1%.

Cameron International Corporation provides flow equipment products, systems, and services worldwide. Cameron International Corporation has a market cap of $16.0 billion and is part of the energy industry. Shares are up 14.0% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Cameron International Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cameron International Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Carbo Ceramics ( CRR), up 16.7%, Crosshair Energy ( CXZ), up 13.2%, Quest Rare Minerals ( QRM), up 12.9% and International Tower Hill Mines ( THM), up 11.9% , were all gainers within the basic materials sector with Valero Energy Corporation ( VLO) being today's featured basic materials sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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