5 Basic Materials Stocks Pushing Sector Growth

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 14 points (0.1%) at 16,024 as of Friday, Nov. 22, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,437 issues advancing vs. 1,443 declining with 136 unchanged.

The Basic Materials sector currently sits up 0.2% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Petroleo Brasileiro SA Petrobras ( PBR), up 1.6%, Energy Transfer Partners L.P ( ETP), up 1.6%, Marathon Petroleum ( MPC), up 1.4%, Vale ( VALE), up 1.3% and Total ( TOT), up 1.2%. On the negative front, top decliners within the sector include Nucor ( NUE), down 2.4%, China Petroleum & Chemical Corporation ( SNP), down 2.3%, Continental Resources ( CLR), down 2.1%, Southern Copper Corporation ( SCCO), down 1.8% and Canadian Natural Resources ( CNQ), down 1.3%.

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

5. Plains All American Pipeline ( PAA) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Plains All American Pipeline is up $0.92 (1.8%) to $52.39 on average volume. Thus far, 424,729 shares of Plains All American Pipeline exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $51.49-$52.40 after having opened the day at $51.73 as compared to the previous trading day's close of $51.47.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. Plains All American Pipeline has a market cap of $17.5 billion and is part of the energy industry. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 13.8% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Plains All American Pipeline a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Plains All American Pipeline as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, reasonable valuation levels, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Plains All American Pipeline 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, Royal Dutch Shell PLC ADR Class A ( RDS.A) is up $0.44 (0.7%) to $68.15 on light volume. Thus far, 723,612 shares of Royal Dutch Shell PLC ADR Class A exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $67.96-$68.19 after having opened the day at $68.04 as compared to the previous trading day's close of $67.71.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell PLC ADR Class A has a market cap of $214.6 billion and is part of the energy industry. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are down 1.8% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Royal Dutch Shell PLC ADR Class A as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 Royal Dutch Shell PLC ADR Class A 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, Williams Companies ( WMB) is up $0.44 (1.3%) to $35.35 on light volume. Thus far, 1.7 million shares of Williams Companies exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $34.83-$35.36 after having opened the day at $34.85 as compared to the previous trading day's close of $34.91.

The Williams Companies, Inc. operates as an energy infrastructure company. Williams Companies has a market cap of $23.8 billion and is part of the energy industry. The company has a P/E ratio of 39.5, above the S&P 500 P/E ratio of 17.7. Shares are up 6.6% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Williams Companies a buy, no analysts rate it a sell, and 3 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 good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Williams Companies 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, Monsanto Company ( MON) is up $1.07 (1.0%) to $112.98 on average volume. Thus far, 1.3 million shares of Monsanto Company exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $111.50-$113.00 after having opened the day at $111.80 as compared to the previous trading day's close of $111.91.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $57.8 billion and is part of the chemicals industry. The company has a P/E ratio of 24.0, above the S&P 500 P/E ratio of 17.7. Shares are up 18.2% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Monsanto Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Monsanto Company 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, notable return on equity, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Monsanto Company 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, Schlumberger ( SLB) is up $1.32 (1.4%) to $92.33 on light volume. Thus far, 2.1 million shares of Schlumberger exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $91.00-$92.34 after having opened the day at $91.31 as compared to the previous trading day's close of $91.01.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. Schlumberger has a market cap of $119.1 billion and is part of the energy industry. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7. Shares are up 31.3% year to date as of the close of trading on Thursday. Currently there are 21 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Schlumberger 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Schlumberger 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 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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