Tenaris SA (TS): Today's Featured Metals & Mining 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.

Tenaris ( TS) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Tenaris fell $1.15 (-2.5%) to $45.84 on average volume. Throughout the day, 1,684,316 shares of Tenaris exchanged hands as compared to its average daily volume of 1,183,400 shares. The stock ranged in price between $45.38-$46.39 after having opened the day at $45.53 as compared to the previous trading day's close of $46.99. Other companies within the Metals & Mining industry that declined today were: Quaterra Resources ( QMM), down 13.3%, Cardero Resources Corporation ( CDY), down 9.9%, Tasman Metals ( TAS), down 7.3% and Rio Alto Mining ( RIOM), down 6.0%.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $28.4 billion and is part of the industrial goods sector. Shares are up 14.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Tenaris a buy, 1 analyst rates it a sell, and 6 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.

On the positive front, Platinum Group Metal ( PLG), up 15.9%, Kimber Resources ( KBX), up 15.5%, Kimber Resources ( KBXR), up 15.5% and Prospect Global Resources ( PGRX), up 12.4% , were all gainers within the metals & mining industry with Freeport-McMoRan Copper & Gold ( FCX) being today's featured metals & mining industry leader.

For investors not wanting singular stock exposure, 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).

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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Weak On High Volume: Tenaris (TS)