5 Stocks Pushing The Basic Materials Sector Downward

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 112 points (-0.7%) at 15,897 as of Tuesday, Dec. 3, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 970 issues advancing vs. 1,886 declining with 143 unchanged.

The Basic Materials sector currently sits down 0.2% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include YPF Sociedad Anonima ( YPF), down 4.7%, Western Gas Partners ( WES), down 4.5%, Ultrapar Holdings ( UGP), down 2.6%, ArcelorMittal ( MT), down 2.5% and Phillips 66 ( PSX), down 2.2%. Top gainers within the sector include Pioneer Natural Resources Company ( PXD), up 2.5%, Williams Companies ( WMB), up 1.7%, Devon Energy ( DVN), up 1.8%, Suncor Energy ( SU), up 1.7% and Anadarko Petroleum ( APC), up 1.0%.

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

5. Goldcorp ( GG) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Goldcorp is down $0.42 (-2.0%) to $20.94 on average volume. Thus far, 4.4 million shares of Goldcorp exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $20.91-$21.54 after having opened the day at $21.35 as compared to the previous trading day's close of $21.36.

Goldcorp Inc. engages in the acquisition, development, exploration, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It primarily explores for gold ores, as well as for silver, copper, lead, and zinc ores. Goldcorp has a market cap of $18.2 billion and is part of the metals & mining industry. Shares are down 38.8% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Goldcorp a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Goldcorp 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 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 Goldcorp 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, Petroleo Brasileiro SA Petrobras ( PBR) is down $0.08 (-0.6%) to $14.12 on average volume. Thus far, 11.5 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 16.0 million shares. The stock has ranged in price between $13.85-$14.48 after having opened the day at $13.86 as compared to the previous trading day's close of $14.20.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $104.0 billion and is part of the energy industry. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are down 27.1% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Petroleo Brasileiro SA Petrobras 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, E.I. du Pont de Nemours & Company ( DD) is down $1.10 (-1.8%) to $60.64 on light volume. Thus far, 1.5 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $60.63-$61.50 after having opened the day at $61.45 as compared to the previous trading day's close of $61.74.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $56.8 billion and is part of the chemicals industry. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7. Shares are up 37.3% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate E.I. du Pont de Nemours & Company a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full E.I. du Pont de Nemours & 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.

2. As of noon trading, Monsanto Company ( MON) is down $1.57 (-1.4%) to $111.72 on light volume. Thus far, 574,556 shares of Monsanto Company exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $111.67-$112.90 after having opened the day at $112.80 as compared to the previous trading day's close of $113.29.

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 $59.6 billion and is part of the chemicals industry. The company has a P/E ratio of 24.7, above the S&P 500 P/E ratio of 17.7. Shares are up 19.7% year to date as of the close of trading on Monday. 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.

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, Dow Chemical ( DOW) is down $0.90 (-2.2%) to $39.08 on light volume. Thus far, 2.6 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 7.8 million shares. The stock has ranged in price between $39.05-$39.87 after having opened the day at $39.80 as compared to the previous trading day's close of $39.98.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $47.4 billion and is part of the chemicals industry. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 23.7% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Dow Chemical a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Dow Chemical as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Dow Chemical 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 3 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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