Tenaris SA (TS): Today's Featured Metals & Mining 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.

Tenaris ( TS) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.5%. By the end of trading, Tenaris rose $1.26 (2.9%) to $44.95 on average volume. Throughout the day, 1,181,972 shares of Tenaris exchanged hands as compared to its average daily volume of 1,019,400 shares. The stock ranged in a price between $44.37-$45.06 after having opened the day at $44.51 as compared to the previous trading day's close of $43.69. Other companies within the Metals & Mining industry that increased today were: Atlatsa Resources ( ATL), up 6.9%, US Silica Holdings ( SLCA), up 6.1%, SunCoke Energy Partners ( SXCP), up 6.1% and Golden Minerals ( AUMN), up 5.9%.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $26.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Tenaris a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Tenaris as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, North American Palladium ( PAL), down 18.1%, Tanzanian Royalty Exploration Corporation ( TRX), down 6.6%, MAG Silver Corporation ( MVG), down 5.7% and Gold Fields ( GFI), down 5.3% , were all laggards within the metals & mining industry with Newmont Mining Corporation ( NEM) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, 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).

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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