Today's Top Performers In Metals & Mining

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 57 points (-0.3%) at 16,357 as of Wednesday, Jan. 22, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,698 issues advancing vs. 1,213 declining with 185 unchanged.

The Metals & Mining industry currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Companhia Siderurgica Nacional ( SID), down 2.4%, and Freeport-McMoRan Copper & Gold ( FCX), down 1.2%.

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

4. Gerdau ( GGB) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Gerdau is up $0.07 (1.0%) to $7.17 on light volume. Thus far, 1.3 million shares of Gerdau exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $7.16-$7.24 after having opened the day at $7.23 as compared to the previous trading day's close of $7.10.

Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $12.6 billion and is part of the basic materials sector. The company has a P/E ratio of 6.1, below the S&P 500 P/E ratio of 17.7. Shares are down 9.4% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Gerdau a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Gerdau as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, poor profit margins and disappointing return on equity. Get the full Gerdau 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, ArcelorMittal ( MT) is up $0.16 (0.9%) to $17.11 on average volume. Thus far, 2.7 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $17.06-$17.20 after having opened the day at $17.14 as compared to the previous trading day's close of $16.95.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $27.1 billion and is part of the basic materials sector. Shares are down 5.0% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate ArcelorMittal a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates ArcelorMittal as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and generally high debt management risk. Get the full ArcelorMittal 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, Consol Energy ( CNX) is up $0.91 (2.4%) to $39.09 on average volume. Thus far, 1.1 million shares of Consol Energy exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $38.38-$39.17 after having opened the day at $38.42 as compared to the previous trading day's close of $38.18.

CONSOL Energy Inc. produces coal and natural gas for energy and raw material markets in the United States, Canada, and Western Europe. It operates in Coal and Gas divisions. Consol Energy has a market cap of $8.7 billion and is part of the basic materials sector. The company has a P/E ratio of 119.4, above the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts who rate Consol Energy a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Consol Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. 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 Consol Energy 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, Vale ( VALE) is up $0.17 (1.3%) to $13.44 on average volume. Thus far, 11.6 million shares of Vale exchanged hands as compared to its average daily volume of 16.7 million shares. The stock has ranged in price between $13.24-$13.51 after having opened the day at $13.31 as compared to the previous trading day's close of $13.27.

Vale S.A. engages in the research, production, and marketing of iron ore and pellets, nickel, fertilizers, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Vale has a market cap of $71.1 billion and is part of the basic materials sector. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are down 13.0% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Vale a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Vale as a hold. 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 and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and disappointing return on equity. Get the full Vale 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 metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

null

More from Markets

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: Chipotle Shares Are Probably Done Going Down