5 Stocks Underperforming Today In The Basic Materials Sector

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 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%. 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%. 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%.

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

5. Williams Companies ( WMB) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Williams Companies is down $0.37 (-1.0%) to $35.56 on average volume. Thus far, 2.7 million shares of Williams Companies exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $35.35-$36.12 after having opened the day at $36.08 as compared to the previous trading day's close of $35.93.

The Williams Companies, Inc. operates as an energy infrastructure company. Williams Companies has a market cap of $24.8 billion and is part of the energy industry. Shares are up 9.7% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Williams Companies a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Williams Companies as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, 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 generally high debt management risk by most measures that we evaluated. Get the full Williams Companies 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.

4. As of noon trading, Goldcorp ( GG) is down $0.40 (-1.3%) to $29.45 on light volume. Thus far, 2.3 million shares of Goldcorp exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $29.28-$29.66 after having opened the day at $29.49 as compared to the previous trading day's close of $29.85.

Goldcorp Inc. engages in the acquisition, development, exploration, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It primarily explores for gold ores, as well as for silver, copper, lead, and zinc ores. Goldcorp has a market cap of $24.0 billion and is part of the metals & mining industry. Shares are down 18.7% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Goldcorp a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Goldcorp as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Goldcorp 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.

3. As of noon trading, LyondellBasell Industries ( LYB) is down $1.06 (-1.5%) to $69.42 on heavy volume. Thus far, 3.4 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $68.94-$69.67 after having opened the day at $69.23 as compared to the previous trading day's close of $70.47.

LyondellBasell Industries N.V., together with its subsidiaries, manufacturers and sells chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for the production of polymers. LyondellBasell Industries has a market cap of $40.4 billion and is part of the chemicals industry. Shares are up 23.4% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate LyondellBasell Industries a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates LyondellBasell Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LyondellBasell Industries 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.

2. As of noon trading, Barrick Gold Corporation ( ABX) is down $0.32 (-1.6%) to $19.19 on average volume. Thus far, 7.3 million shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 18.6 million shares. The stock has ranged in price between $19.14-$19.39 after having opened the day at $19.20 as compared to the previous trading day's close of $19.51.

Barrick Gold Corporation engages in the production and sale of gold and copper. It is also involved in exploration and mine development activities. Barrick Gold Corporation has a market cap of $19.2 billion and is part of the metals & mining industry. Shares are down 44.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Barrick Gold Corporation a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Barrick Gold Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and generally disappointing historical performance in the stock itself. Get the full Barrick Gold Corporation 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.

1. As of noon trading, Freeport-McMoRan Copper & Gold ( FCX) is down $0.27 (-0.9%) to $30.85 on light volume. Thus far, 4.4 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 15.5 million shares. The stock has ranged in price between $30.63-$30.93 after having opened the day at $30.73 as compared to the previous trading day's close of $31.12.

Freeport-McMoRan Copper & Gold Inc. engages in the exploration of mineral resource properties. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. Freeport-McMoRan Copper & Gold has a market cap of $31.4 billion and is part of the metals & mining industry. Shares are down 9.0% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Freeport-McMoRan Copper & Gold as a hold. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. Get the full Freeport-McMoRan Copper & Gold 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 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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