5 Basic Materials Stocks On The Rise

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 58 points (0.4%) at 15,069 as of Tuesday, Aug. 20, 2013, 1:04 PM ET. The NYSE advances/declines ratio sits at 2,347 issues advancing vs. 659 declining with 81 unchanged.

The Basic Materials sector currently sits up 1.0% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Marathon Oil ( MRO), up 2.5%, Cabot Oil & Gas Corporation ( COG), up 2.5%, Barrick Gold Corporation ( ABX), up 2.5%, Continental Resources ( CLR), up 2.2% and Newmont Mining Corporation ( NEM), up 2.5%. On the negative front, top decliners within the sector include Teck Resources ( TCK), down 1.9%, ArcelorMittal ( MT), down 1.7%, Statoil ASA ( STO), down 1.1% and Petroleo Brasileiro SA Petrobras ( PBR), down 0.5%.

TheStreet would like to highlight 5 stocks pushing the sector higher today:

5. Anadarko Petroleum ( APC) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Anadarko Petroleum is up $1.23 (1.4%) to $90.18 on light volume. Thus far, 1.1 million shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $88.82-$90.39 after having opened the day at $89.13 as compared to the previous trading day's close of $88.95.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids (NGLs) in the United States and internationally. Anadarko Petroleum has a market cap of $45.9 billion and is part of the energy industry. Shares are up 23.2% year to date as of the close of trading on Monday. Currently there are 17 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Anadarko Petroleum Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Chesapeake Energy ( CHK) is up $0.61 (2.5%) to $25.38 on average volume. Thus far, 6.2 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 11.4 million shares. The stock has ranged in price between $24.76-$25.50 after having opened the day at $24.77 as compared to the previous trading day's close of $24.77.

Chesapeake Energy Corporation engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. The company also offers marketing, midstream, drilling, and other oilfield services. Chesapeake Energy has a market cap of $16.6 billion and is part of the energy industry. Shares are up 49.0% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Chesapeake Energy a buy, no analysts rate it a sell, and 17 rate it a hold.

TheStreet Ratings rates Chesapeake Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk. Get the full Chesapeake Energy Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, ConocoPhillips ( COP) is up $0.34 (0.5%) to $66.18 on average volume. Thus far, 3.3 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $65.56-$66.36 after having opened the day at $65.82 as compared to the previous trading day's close of $65.83.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids on a worldwide basis. ConocoPhillips has a market cap of $82.4 billion and is part of the energy industry. Shares are up 13.5% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate ConocoPhillips a buy, 4 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, attractive valuation levels, expanding profit margins, good cash flow from operations and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full ConocoPhillips Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Halliburton Company ( HAL) is up $0.66 (1.4%) to $47.31 on average volume. Thus far, 5.8 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $46.48-$47.37 after having opened the day at $46.60 as compared to the previous trading day's close of $46.65.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $42.9 billion and is part of the energy industry. Shares are up 34.5% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Halliburton Company 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, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Halliburton Company Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Schlumberger ( SLB) is up $0.47 (0.6%) to $80.88 on light volume. Thus far, 1.9 million shares of Schlumberger exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $80.15-$81.18 after having opened the day at $80.47 as compared to the previous trading day's close of $80.41.

Schlumberger Limited, together with its subsidiaries, engages in the supply of technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $108.4 billion and is part of the energy industry. Shares are up 18.2% year to date as of the close of trading on Monday. Currently there are 23 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Schlumberger as a hold. 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 and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Schlumberger Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 stocks, 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).

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