4 Stocks Raising The Basic Materials Sector Higher

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 125 points (-0.8%) at 16,333 as of Tuesday, Jan. 21, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,733 issues advancing vs. 1,234 declining with 157 unchanged.

The Basic Materials sector currently sits up 0.6% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Alcoa ( AA), up 7.0%, Anadarko Petroleum ( APC), up 1.9%, Enterprise Products Partners ( EPD), up 1.6%, Royal Dutch Shell ( RDS.B), up 0.9% and Statoil ASA ( STO), up 0.8%. On the negative front, top decliners within the sector include Halliburton Company ( HAL), down 2.6%, Petroleo Brasileiro SA Petrobras ( PBR.A), down 1.7%, Ecopetrol S.A ( EC), down 1.4% and Exxon Mobil Corporation ( XOM), down 0.9%.

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

4. China Petroleum & Chemical Corporation ( SNP) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, China Petroleum & Chemical Corporation is up $4.08 (5.3%) to $81.31 on heavy volume. Thus far, 150,000 shares of China Petroleum & Chemical Corporation exchanged hands as compared to its average daily volume of 119,500 shares. The stock has ranged in price between $81.15-$82.25 after having opened the day at $81.51 as compared to the previous trading day's close of $77.23.

China Petroleum & Chemical Corporation, an energy and chemical company, through its subsidiaries, engages in the oil and gas, and chemical operations in the People's Republic of China. China Petroleum & Chemical Corporation has a market cap of $90.0 billion and is part of the energy industry. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are down 6.0% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates China Petroleum & Chemical Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates China Petroleum & Chemical Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, attractive valuation levels, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full China Petroleum & Chemical Corporation 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, Total ( TOT) is up $0.45 (0.8%) to $59.82 on average volume. Thus far, 421,147 shares of Total exchanged hands as compared to its average daily volume of 981,200 shares. The stock has ranged in price between $59.66-$60.49 after having opened the day at $60.46 as compared to the previous trading day's close of $59.37.

TOTAL S.A., together with its subsidiaries, operates as a oil and gas company worldwide. The company operates in three segments: Upstream, Refining and Chemicals, and Marketing and Services. Total has a market cap of $134.7 billion and is part of the energy industry. The company has a P/E ratio of 7.2, below the S&P 500 P/E ratio of 17.7. Shares are down 3.1% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Total a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Total 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, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Total 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, Baker Hughes ( BHI) is up $1.14 (2.1%) to $55.28 on heavy volume. Thus far, 3.8 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $55.10-$56.90 after having opened the day at $55.14 as compared to the previous trading day's close of $54.14.

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 $24.0 billion and is part of the energy industry. The company has a P/E ratio of 22.6, above the S&P 500 P/E ratio of 17.7. Shares are down 2.0% year-to-date as of the close of trading on Friday. Currently there are 14 analysts who rate Baker Hughes a buy, no analysts rate it a sell, and 13 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 solid stock price performance, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. 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.

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, Dow Chemical ( DOW) is up $2.16 (5.0%) to $45.23 on heavy volume. Thus far, 21.9 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $44.98-$46.70 after having opened the day at $45.86 as compared to the previous trading day's close of $43.07.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $52.2 billion and is part of the chemicals industry. The company has a P/E ratio of 19.0, above the S&P 500 P/E ratio of 17.7. Shares are down 3.0% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who 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 compelling growth in net income, revenue growth, solid stock price performance, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Dow Chemical 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 4 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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