Enterprise Products Partners LP (EPD): 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.

Enterprise Products Partners ( EPD) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 1.4%. By the end of trading, Enterprise Products Partners rose $0.88 (1.4%) to $62.46 on average volume. Throughout the day, 1,167,445 shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 1,315,100 shares. The stock ranged in a price between $61.30-$63.14 after having opened the day at $61.40 as compared to the previous trading day's close of $61.58. Other companies within the Basic Materials sector that increased today were: China Gengsheng Minerals ( CHGS), up 66.7%, Verenium Corporation ( VRNM), up 37.1%, Cardero Resources Corporation ( CDY), up 16.9% and Andatee China Marine Fuel Services Corporat ( AMCF), up 11.9%.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Enterprise Products Partners has a market cap of $56.6 billion and is part of the energy industry. Shares are up 23.0% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Sibanye Gold Ltd ADR ( SBGL), down 46.2%, Allied Nevada Gold ( ANV), down 25.9%, GMX Resources ( GMXRQ), down 25.0% and McDermott International ( MDR), down 20.6% , were all laggards within the basic materials sector with Marathon Oil ( MRO) 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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