5 Stocks Advancing 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 147 points (1.0%) at 15,587 as of Thursday, Feb. 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,311 issues advancing vs. 626 declining with 152 unchanged.

The Basic Materials sector currently sits up 1.1% versus the S&P 500, which is up 1.0%. Top gainers within the sector include Tenaris ( TS), up 4.0%, Petroleo Brasileiro SA Petrobras ( PBR), up 3.7%, Vale ( VALE), up 2.9%, EOG Resources ( EOG), up 2.7% and BP ( BP), up 2.5%.

TheStreet would like to highlight 5 stocks pushing the sector higher today:

5. Royal Dutch Shell ( RDS.B) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Royal Dutch Shell is up $0.65 (0.9%) to $72.62 on light volume. Thus far, 405,386 shares of Royal Dutch Shell exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $72.40-$72.78 after having opened the day at $72.40 as compared to the previous trading day's close of $71.97.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. Royal Dutch Shell has a market cap of $226.8 billion and is part of the energy industry. Shares are down 4.2% year-to-date as of the close of trading on Wednesday.

TheStreet Ratings rates Royal Dutch Shell as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures 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. Get the full Royal Dutch Shell 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.

4. As of noon trading, Petroleo Brasileiro SA Petrobras ( PBR.A) is up $0.48 (4.3%) to $11.86 on average volume. Thus far, 5.1 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $11.68-$11.95 after having opened the day at $11.72 as compared to the previous trading day's close of $11.38.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. Petroleo Brasileiro SA Petrobras has a market cap of $75.8 billion and is part of the energy industry. Shares are down 22.5% year-to-date as of the close of trading on Wednesday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Petroleo Brasileiro SA Petrobras 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, Potash Corporation of Saskatchewan ( POT) is up $1.06 (3.3%) to $33.35 on average volume. Thus far, 4.3 million shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $32.46-$33.48 after having opened the day at $32.47 as compared to the previous trading day's close of $32.29.

Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. Potash Corporation of Saskatchewan has a market cap of $27.1 billion and is part of the chemicals industry. Shares are down 2.0% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Potash Corporation of Saskatchewan a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Potash Corporation of Saskatchewan as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. 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 weak operating cash flow. Get the full Potash Corporation of Saskatchewan 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, Occidental Petroleum Corporation ( OXY) is up $1.44 (1.6%) to $88.73 on light volume. Thus far, 1.3 million shares of Occidental Petroleum Corporation exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $87.61-$88.78 after having opened the day at $87.61 as compared to the previous trading day's close of $87.29.

Occidental Petroleum Corporation engages in the exploration and production of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. Occidental Petroleum Corporation has a market cap of $70.2 billion and is part of the energy industry. Shares are down 8.2% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts who rate Occidental Petroleum Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Occidental Petroleum Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, impressive record of earnings per share growth and increase in stock price during the past year. 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 Occidental Petroleum 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.

1. As of noon trading, Exxon Mobil Corporation ( XOM) is up $1.11 (1.2%) to $90.06 on light volume. Thus far, 3.7 million shares of Exxon Mobil Corporation exchanged hands as compared to its average daily volume of 12.3 million shares. The stock has ranged in price between $89.25-$90.06 after having opened the day at $89.51 as compared to the previous trading day's close of $88.95.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products. It has approximately 37,228 gross and 31,264 net operated wells. Exxon Mobil Corporation has a market cap of $393.3 billion and is part of the energy industry. Shares are down 11.5% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate Exxon Mobil Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth 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. Get the full Exxon Mobil 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.

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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