5 Basic Materials Stocks Moving The Sector Upward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 108 points (0.7%) at 14,942 as of Wednesday, Sept. 4, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,111 issues advancing vs. 816 declining with 96 unchanged.

The Basic Materials sector currently sits up 0.2% versus the S&P 500, which is up 1.3%. Top gainers within the sector include Phillips 66 ( PSX), up 1.8%, ConocoPhillips ( COP), up 1.7%, E.I. du Pont de Nemours & Company ( DD), up 1.7%, ArcelorMittal ( MT), up 1.7% and Marathon Oil ( MRO), up 1.6%. On the negative front, top decliners within the sector include Kinder Morgan ( KMI), down 4.5%, Kinder Morgan Energy Partners ( KMP), down 2.2% and Southern Copper Corporation ( SCCO), down 1.4%.

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

5. Monsanto Company ( MON) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Monsanto Company is up $1.24 (1.2%) to $100.42 on average volume. Thus far, 1.3 million shares of Monsanto Company exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $98.84-$100.46 after having opened the day at $99.13 as compared to the previous trading day's close of $99.18.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $52.2 billion and is part of the chemicals industry. Shares are up 4.8% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Monsanto Company a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Monsanto 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, notable return on equity, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Monsanto 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.

4. As of noon trading, Occidental Petroleum Corporation ( OXY) is up $1.51 (1.7%) to $89.98 on light volume. Thus far, 1.3 million shares of Occidental Petroleum Corporation exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $88.23-$90.18 after having opened the day at $88.33 as compared to the previous trading day's close of $88.47.

Occidental Petroleum Corporation engages in the exploration and production of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. Occidental Petroleum Corporation has a market cap of $71.1 billion and is part of the energy industry. Shares are up 15.5% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Occidental Petroleum Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Occidental Petroleum Corporation 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 somewhat disappointing return on equity. Get the full Occidental Petroleum Corporation 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, Halliburton Company ( HAL) is up $0.90 (1.9%) to $49.20 on average volume. Thus far, 4.8 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $48.48-$49.41 after having opened the day at $48.61 as compared to the previous trading day's close of $48.30.

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 $43.9 billion and is part of the energy industry. Shares are up 39.2% year to date as of the close of trading on Tuesday. Currently there are 20 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.

2. As of noon trading, Chevron ( CVX) is up $0.56 (0.5%) to $121.11 on light volume. Thus far, 1.6 million shares of Chevron exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $119.94-$121.27 after having opened the day at $120.35 as compared to the previous trading day's close of $120.55.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. Chevron has a market cap of $232.7 billion and is part of the energy industry. Shares are up 11.5% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Chevron a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Chevron 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, Exxon Mobil Corporation ( XOM) is up $0.77 (0.9%) to $87.92 on light volume. Thus far, 4.4 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 12.5 million shares. The stock has ranged in price between $86.90-$87.98 after having opened the day at $87.01 as compared to the previous trading day's close of $87.15.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products. It has approximately 37,228 gross and 31,264 net operated wells. Exxon Mobil Corporation has a market cap of $383.6 billion and is part of the energy industry. Shares are up 0.7% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Exxon Mobil Corporation a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Exxon Mobil Corporation 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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