Energy Transfer Partners L.P. (ETP): Today's Featured Basic Materials Laggard

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.

Energy Transfer Partners L.P ( ETP) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Energy Transfer Partners L.P fell $0.70 (-1.4%) to $50.87 on average volume. Throughout the day, 997,016 shares of Energy Transfer Partners L.P exchanged hands as compared to its average daily volume of 1,189,500 shares. The stock ranged in price between $50.38-$52.04 after having opened the day at $51.98 as compared to the previous trading day's close of $51.57. Other companies within the Basic Materials sector that declined today were: Gulf Resources ( GURE), down 8.1%, Mines Management ( MGN), down 7.2%, MagneGas Corporation ( MNGA), down 7.1% and Ivanhoe Energy ( IVAN), down 6.8%.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. Energy Transfer Partners L.P has a market cap of $19.6 billion and is part of the energy industry. Shares are up 21.2% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Energy Transfer Partners L.P a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Quest Rare Minerals ( QRM), up 15.5%, Crosshair Energy ( CXZ), up 15.2%, Marrone Bio Innovations ( MBII), up 13.2% and Sonde Resources ( SOQ), up 10.1% , were all gainers within the basic materials sector with LyondellBasell Industries ( LYB) being today's featured basic materials sector leader.

For investors not wanting singular stock exposure, 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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