Schlumberger NV (SLB): Today's Featured Basic Materials Winner

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.

Schlumberger ( SLB) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole was unchanged today. By the end of trading, Schlumberger rose $1.28 (1.5%) to $88.15 on average volume. Throughout the day, 6,086,609 shares of Schlumberger exchanged hands as compared to its average daily volume of 5,979,900 shares. The stock ranged in a price between $87.77-$88.53 after having opened the day at $88.08 as compared to the previous trading day's close of $86.87. Other companies within the Basic Materials sector that increased today were: Metabolix ( MBLX), up 52.3%, Tonix Pharmaceuticals ( TNXP), up 30.6%, Andatee China Marine Fuel Services Corporat ( AMCF), up 26.8% and Double Eagle Petroleum Company ( DBLE), up 9.7%.

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 $114.9 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 25.4% 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, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, InterOil Corporation ( IOC), down 37.4%, Genie Energy Ltd Class B ( GNE), down 11.0%, Exeter Resource Corporation ( XRA), down 8.9% and Gastar Exploration ( GST), down 8.9% , were all laggards within the basic materials sector with Suncor Energy ( SU) being today's basic materials sector laggard.

For investors not wanting singular stock exposure, 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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