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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.3%) at 15,878 as of Tuesday, Jan. 28, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,973 issues advancing vs. 972 declining with 141 unchanged. The Basic Materials sector currently sits up 0.9% versus the S&P 500, which is up 0.3%. Top gainers within the sector include ArcelorMittal ( MT), up 4.0%, Chesapeake Energy ( CHK), up 2.8%, Teck Resources ( TCK), up 2.6%, EOG Resources ( EOG), up 2.5% and Canadian Natural Resources ( CNQ), up 1.9%. On the negative front, top decliners within the sector include YPF Sociedad Anonima ( YPF), down 2.2%, Petroleo Brasileiro SA Petrobras ( PBR.A), down 1.2%, Halliburton Company ( HAL), down 0.7%, E.I. du Pont de Nemours & Company ( DD), down 0.8% and Marathon Petroleum ( MPC), down 1.1%. TheStreet would like to highlight 5 stocks pushing the sector higher today: 5. Spectra Energy ( SE) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Spectra Energy is up $0.38 (1.1%) to $34.90 on light volume. Thus far, 594,008 shares of Spectra Energy exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $34.52-$34.95 after having opened the day at $34.52 as compared to the previous trading day's close of $34.52. Spectra Energy Corp, through its subsidiaries, owns and operates a portfolio of natural gas-related energy assets in North America. The company's U.S. Spectra Energy has a market cap of $23.2 billion and is part of the energy industry. The company has a P/E ratio of 22.8, above 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 Monday. Currently there are 6 analysts who rate Spectra Energy a buy, no analysts rate it a sell, and 4 rate it a hold. TheStreet Ratings rates Spectra Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, solid stock price performance 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 Spectra 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.