Kinder Morgan Energy Partners LP (KMP): 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.

Kinder Morgan Energy Partners ( KMP) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 0.1%. By the end of trading, Kinder Morgan Energy Partners rose $0.84 (1.0%) to $82.82 on average volume. Throughout the day, 1,483,718 shares of Kinder Morgan Energy Partners exchanged hands as compared to its average daily volume of 1,376,600 shares. The stock ranged in a price between $81.95-$82.82 after having opened the day at $82.00 as compared to the previous trading day's close of $81.98. Other companies within the Basic Materials sector that increased today were: GMX Resources ( GMXRQ), up 37.5%, Avalon Rare Metals ( AVL), up 13.3%, MagneGas Corporation ( MNGA), up 9.6% and Cardero Resources Corporation ( CDY), up 9.4%.

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 $25.4 billion and is part of the energy industry. Shares are up 2.7% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Kinder Morgan Energy Partners a buy, no analysts rate it a sell, and 8 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 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.

On the negative front, Sibanye Gold Ltd ADR ( SBGL), down 44.6%, GSE ( GSE), down 39.3%, Dominion Diamond ( DDC), down 18.5% and Axiall ( AXLL), down 16.8% , were all laggards within the basic materials sector with Petroleo Brasileiro SA Petrobras ( PBR.A) 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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