4 Stocks Underperforming Today 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 83 points (0.5%) at 16,304 as of Monday, Dec. 23, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,307 issues advancing vs. 673 declining with 118 unchanged.

The Basic Materials sector currently sits up 0.9% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Regency Energy Partners ( RGP), up 10.8%, Energy Transfer Equity ( ETE), up 3.0%, Energy Transfer Partners L.P ( ETP), up 2.7%, Williams Companies ( WMB), up 2.4% and Potash Corporation of Saskatchewan ( POT), up 2.1%.

TheStreet would like to highlight 4 stocks pushing the sector lower today:

4. Sherwin-Williams Company ( SHW) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Sherwin-Williams Company is down $2.00 (-1.1%) to $180.15 on average volume. Thus far, 348,497 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 667,100 shares. The stock has ranged in price between $177.32-$182.18 after having opened the day at $180.90 as compared to the previous trading day's close of $182.15.

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North America, South America, Europe, Asia, and the Caribbean region. Sherwin-Williams Company has a market cap of $18.3 billion and is part of the chemicals industry. The company has a P/E ratio of 26.6, above the S&P 500 P/E ratio of 17.7. Shares are up 17.1% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Sherwin-Williams Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Sherwin-Williams Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Sherwin-Williams 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.

3. As of noon trading, LyondellBasell Industries ( LYB) is down $0.64 (-0.8%) to $77.96 on light volume. Thus far, 762,092 shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $77.95-$79.10 after having opened the day at $79.00 as compared to the previous trading day's close of $78.60.

LyondellBasell Industries N.V., together with its subsidiaries, manufacturers and sells chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for the production of polymers. LyondellBasell Industries has a market cap of $43.1 billion and is part of the chemicals industry. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are up 37.7% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate LyondellBasell Industries a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates LyondellBasell Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LyondellBasell Industries 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, EOG Resources ( EOG) is down $0.94 (-0.6%) to $167.58 on light volume. Thus far, 621,044 shares of EOG Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $167.45-$169.84 after having opened the day at $169.26 as compared to the previous trading day's close of $168.52.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of crude oil and natural gas. EOG Resources has a market cap of $45.1 billion and is part of the energy industry. The company has a P/E ratio of 40.7, above the S&P 500 P/E ratio of 17.7. Shares are up 39.5% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate EOG Resources a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, solid stock price performance 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 EOG Resources 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 $2.47 (-1.3%) to $184.82 on average volume. Thus far, 1.3 million shares of Pioneer Natural Resources Company exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $184.65-$190.13 after having opened the day at $187.60 as compared to the previous trading day's close of $187.29.

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 $26.0 billion and is part of the energy industry. The company has a P/E ratio of 46.4, above the S&P 500 P/E ratio of 17.7. Shares are up 76.0% year to date as of the close of trading on Friday. 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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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