5 Stocks Pushing The Metals & Mining Industry Downward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 4 points (0.0%) at 15,077 as of Monday, Aug. 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 933 issues advancing vs. 2,036 declining with 90 unchanged.

The Metals & Mining industry currently is unchanged today versus the S&P 500, which is down 0.1%. A company within the industry that fell today was POSCO ( PKX), up 1.2%. Top gainers within the industry include Companhia Siderurgica Nacional ( SID), up 5.4%, Gerdau ( GGB), up 3.9%, Turquoise Hill Resources ( TRQ), up 2.4% and Agnico Eagle Mines ( AEM), up 1.7%.

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

5. Tenaris ( TS) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Tenaris is down $0.31 (-0.7%) to $46.04 on average volume. Thus far, 589,801 shares of Tenaris exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $45.96-$46.25 after having opened the day at $46.12 as compared to the previous trading day's close of $46.35.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $27.2 billion and is part of the industrial goods sector. Shares are up 10.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Tenaris a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Tenaris 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, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Tenaris 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 liked this article you might like

London Gets BoE Boost but Earnings Weigh Elsewhere

Why, Yes, President Trump, the U.S. Does Make Pipe for Pipelines

It's Time to Sell These 5 Toxic Stocks

Bullish and Bearish Reversals for the Week

Weak On High Volume: Tenaris (TS)