5 Stocks Advancing The Metals & Mining Industry

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 22 points (0.1%) at 15,424 as of Tuesday, Sept. 24, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,875 issues advancing vs. 1,030 declining with 132 unchanged.

The Metals & Mining industry currently sits up 0.2% versus the S&P 500, which is up 0.2%.

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

5. Tenaris ( TS) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Tenaris is up $0.79 (1.7%) to $48.29 on average volume. Thus far, 683,307 shares of Tenaris exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $47.67-$48.36 after having opened the day at $47.80 as compared to the previous trading day's close of $47.50.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $28.6 billion and is part of the industrial goods sector. Shares are up 15.6% year to date as of the close of trading on Monday. 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.

4. As of noon trading, Teck Resources ( TCK) is up $0.30 (1.1%) to $27.73 on light volume. Thus far, 708,123 shares of Teck Resources exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $27.10-$27.92 after having opened the day at $27.36 as compared to the previous trading day's close of $27.43.

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in the Americas, Asia Pacific, Europe, and Africa. Teck Resources has a market cap of $15.7 billion and is part of the basic materials sector. Shares are down 24.0% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Teck Resources a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Teck Resources 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, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Teck Resources 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 $0.22 (1.6%) to $14.12 on average volume. Thus far, 2.5 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $14.07-$14.21 after having opened the day at $14.13 as compared to the previous trading day's close of $13.91.

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 $21.9 billion and is part of the basic materials sector. Shares are down 19.7% year to date as of the close of trading on Monday. 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 disappointing historical performance in the stock itself and feeble growth in its earnings per share. 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, Nucor ( NUE) is up $0.47 (0.9%) to $50.35 on average volume. Thus far, 1.2 million shares of Nucor exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $49.80-$50.47 after having opened the day at $49.91 as compared to the previous trading day's close of $49.88.

Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. Nucor has a market cap of $16.0 billion and is part of the basic materials sector. Shares are up 16.7% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Nucor a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Nucor 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, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Nucor 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, Barrick Gold Corporation ( ABX) is up $0.12 (0.7%) to $18.48 on average volume. Thus far, 7.6 million shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 19.5 million shares. The stock has ranged in price between $18.05-$18.65 after having opened the day at $18.22 as compared to the previous trading day's close of $18.35.

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 $18.6 billion and is part of the basic materials sector. Shares are down 46.8% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Barrick Gold Corporation a buy, no analysts rate it a sell, and 16 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.

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).
null