5 Stocks Dragging In The Basic Materials Sector

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%. 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%. 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%.

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

5. Cameron International Corporation ( CAM) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Cameron International Corporation is down $1.28 (-2.3%) to $54.77 on average volume. Thus far, 2.0 million shares of Cameron International Corporation exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $54.32-$55.67 after having opened the day at $55.33 as compared to the previous trading day's close of $56.05.

Cameron International Corporation provides flow equipment products, systems, and services worldwide. Cameron International Corporation has a market cap of $13.0 billion and is part of the energy industry. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Cameron International Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cameron International Corporation 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, reasonable valuation levels, 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 Cameron International Corporation Ratings Report now.

STOCKS TO BUY: 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, Marathon Oil ( MRO) is down $0.48 (-1.3%) to $37.44 on light volume. Thus far, 1.1 million shares of Marathon Oil exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $37.42-$38.09 after having opened the day at $38.05 as compared to the previous trading day's close of $37.93.

Marathon Oil Corporation operates as an energy company worldwide. Marathon Oil has a market cap of $26.0 billion and is part of the energy industry. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 21.5% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Marathon Oil a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Marathon Oil as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, 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 somewhat disappointing return on equity. Get the full Marathon Oil Ratings Report now.

STOCKS TO BUY: 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, Baker Hughes ( BHI) is down $0.74 (-1.3%) to $57.16 on average volume. Thus far, 1.6 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $57.06-$58.12 after having opened the day at $57.91 as compared to the previous trading day's close of $57.89.

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $25.2 billion and is part of the energy industry. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7. Shares are up 41.7% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Baker Hughes 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, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Baker Hughes Ratings Report now.

STOCKS TO BUY: 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, Anadarko Petroleum ( APC) is down $0.60 (-0.7%) to $91.67 on light volume. Thus far, 739,948 shares of Anadarko Petroleum exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $91.52-$92.74 after having opened the day at $92.74 as compared to the previous trading day's close of $92.27.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids (NGLs) in the United States and internationally. Anadarko Petroleum has a market cap of $45.6 billion and is part of the energy industry. The company has a P/E ratio of 25.9, above the S&P 500 P/E ratio of 17.7. Shares are up 21.8% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Anadarko Petroleum a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Anadarko Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, increase in stock price during the past year, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Anadarko Petroleum Ratings Report now.

STOCKS TO BUY: 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, Pioneer Natural Resources Company ( PXD) is down $2.88 (-1.5%) to $183.84 on light volume. Thus far, 324,403 shares of Pioneer Natural Resources Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $183.02-$187.44 after having opened the day at $186.73 as compared to the previous trading day's close of $186.72.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGL), and gas. Pioneer Natural Resources Company has a market cap of $25.4 billion and is part of the energy industry. The company has a P/E ratio of 45.3, above the S&P 500 P/E ratio of 17.7. Shares are up 75.1% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Pioneer Natural Resources Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Pioneer Natural Resources Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Pioneer Natural Resources Company Ratings Report now.

STOCKS TO BUY: 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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