ArcelorMittal SA (MT): 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.

ArcelorMittal ( MT) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 1.0%. By the end of trading, ArcelorMittal rose $0.52 (3.1%) to $17.05 on heavy volume. Throughout the day, 7,885,717 shares of ArcelorMittal exchanged hands as compared to its average daily volume of 5,073,700 shares. The stock ranged in a price between $16.67-$17.09 after having opened the day at $16.69 as compared to the previous trading day's close of $16.53. Other companies within the Metals & Mining industry that increased today were: James River Coal Company ( JRCC), up 10.2%, USEC ( USU), up 8.3%, Cliffs Natural Resources ( CLF), up 8.2% and Augusta Resource Corporation ( AZC), up 7.7%.

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 $25.5 billion and is part of the basic materials sector. Shares are down 7.3% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that 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, generally disappointing historical performance in the stock itself and generally high debt management risk.

On the negative front, Timberline Resources Corporation ( TLR), down 15.0%, Vista Gold Corporation ( VGZ), down 8.2%, China Gengsheng Minerals ( CHGS), down 7.3% and Quaterra Resources ( QMM), down 6.7% , were all laggards within the metals & mining industry with Franco-Nevada ( FNV) 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.

More from Markets

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Target Slumps After Q1 Earnings Miss as Comparable Sales Slow, Traffic Improves

Target Slumps After Q1 Earnings Miss as Comparable Sales Slow, Traffic Improves

Pound Slides as Inflation Slows, Doubts Grow Over Bank of England Rate Hikes

Pound Slides as Inflation Slows, Doubts Grow Over Bank of England Rate Hikes