5 Stocks Driving The Metals & Mining Industry Higher

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 12 points (0.1%) at 14,943 as of Thursday, Sept. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,432 issues advancing vs. 1,453 declining with 120 unchanged.

The Metals & Mining industry currently sits down 0.5% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Goldcorp ( GG), down 2.5%, Franco-Nevada ( FNV), down 2.1% and Barrick Gold Corporation ( ABX), down 1.6%.

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

5. POSCO ( PKX) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, POSCO is up $0.56 (0.8%) to $75.09 on average volume. Thus far, 81,971 shares of POSCO exchanged hands as compared to its average daily volume of 195,500 shares. The stock has ranged in price between $73.79-$75.13 after having opened the day at $73.79 as compared to the previous trading day's close of $74.53.

POSCO, together with its subsidiaries, primarily manufactures and sells integrated steel products in South Korea. It operates through four segments: Steel, Trading, Construction, and Others. POSCO has a market cap of $22.7 billion and is part of the basic materials sector. Shares are down 9.3% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates POSCO a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates POSCO as a hold. Among the primary strengths of the company is its attractive valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including deteriorating net income, poor profit margins and disappointing return on equity. Get the full POSCO 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, Tenaris ( TS) is up $0.26 (0.6%) to $44.68 on average volume. Thus far, 478,152 shares of Tenaris exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $44.15-$44.88 after having opened the day at $44.17 as compared to the previous trading day's close of $44.42.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $26.3 billion and is part of the industrial goods sector. Shares are up 6.0% year to date as of the close of trading on Wednesday. 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.

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, ArcelorMittal ( MT) is up $0.14 (1.0%) to $13.62 on light volume. Thus far, 1.8 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $13.44-$13.64 after having opened the day at $13.45 as compared to the previous trading day's close of $13.48.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $20.7 billion and is part of the basic materials sector. Shares are down 22.8% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ArcelorMittal as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally high debt management risk and generally disappointing historical performance in the stock itself. Get the full ArcelorMittal 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, Peabody Energy Corporation ( BTU) is up $0.53 (3.0%) to $17.95 on average volume. Thus far, 3.7 million shares of Peabody Energy Corporation exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $17.44-$17.95 after having opened the day at $17.48 as compared to the previous trading day's close of $17.42.

Peabody Energy Corporation engages in the mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments. Peabody Energy Corporation has a market cap of $4.7 billion and is part of the basic materials sector. Shares are down 34.5% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Peabody Energy Corporation a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Peabody Energy Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and weak operating cash flow. Get the full Peabody Energy 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.

1. As of noon trading, Vale ( VALE) is up $0.19 (1.2%) to $15.52 on light volume. Thus far, 6.8 million shares of Vale exchanged hands as compared to its average daily volume of 18.8 million shares. The stock has ranged in price between $15.19-$15.56 after having opened the day at $15.20 as compared to the previous trading day's close of $15.33.

Vale S.A. engages in the research, production, and marketing of iron ore and pellets, nickel, fertilizers, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Vale has a market cap of $79.6 billion and is part of the basic materials sector. Shares are down 26.9% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Vale a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Vale as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Vale 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 metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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