Today's Top Performers In Basic Materials

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 18 points (-0.1%) at 15,776 as of Monday, Feb. 10, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,409 issues advancing vs. 1,532 declining with 144 unchanged.

The Basic Materials sector currently sits up 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Agnico Eagle Mines ( AEM), up 5.4%, Silver Wheaton Corporation ( SLW), up 3.6%, Newmont Mining Corporation ( NEM), up 2.9%, Goldcorp ( GG), up 2.6% and Barrick Gold Corporation ( ABX), up 2.2%. On the negative front, top decliners within the sector include Boardwalk Pipeline Partners ( BWP), down 38.9%, ArcelorMittal ( MT), down 4.9%, Companhia Siderurgica Nacional ( SID), down 4.6%, YPF Sociedad Anonima ( YPF), down 4.1% and Gerdau ( GGB), down 3.1%.

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

4. Imperial Oil ( IMO) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Imperial Oil is up $0.33 (0.8%) to $41.87 on average volume. Thus far, 86,727 shares of Imperial Oil exchanged hands as compared to its average daily volume of 200,900 shares. The stock has ranged in price between $41.32-$41.87 after having opened the day at $41.64 as compared to the previous trading day's close of $41.54.

Imperial Oil Ltd. engages in the exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. Imperial Oil has a market cap of $35.3 billion and is part of the energy industry. Shares are down 5.9% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate Imperial Oil a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Imperial Oil as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Imperial Oil 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, Sociedad Quimica Y Minera De Chile ( SQM) is up $1.08 (4.2%) to $27.00 on average volume. Thus far, 449,454 shares of Sociedad Quimica Y Minera De Chile exchanged hands as compared to its average daily volume of 771,500 shares. The stock has ranged in price between $25.51-$27.24 after having opened the day at $25.90 as compared to the previous trading day's close of $25.92.

Chemical and Mining Company of Chile Inc. engages in the production and distribution of specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and potassium sulfate, industrial chemicals, and other commodity fertilizers. Sociedad Quimica Y Minera De Chile has a market cap of $6.8 billion and is part of the chemicals industry. Shares are up 0.1% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Sociedad Quimica Y Minera De Chile a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sociedad Quimica Y Minera De Chile as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Sociedad Quimica Y Minera De Chile 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, Kinross Gold Corporation ( KGC) is up $0.25 (5.2%) to $5.07 on average volume. Thus far, 6.7 million shares of Kinross Gold Corporation exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $4.89-$5.10 after having opened the day at $4.90 as compared to the previous trading day's close of $4.82.

Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold and silver ores. It is involved in the exploration, acquisition, development, and operation of gold bearing properties. Kinross Gold Corporation has a market cap of $5.2 billion and is part of the metals & mining industry. Shares are up 10.1% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Kinross Gold Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Kinross Gold Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Kinross Gold 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, Yamana Gold ( AUY) is up $0.53 (5.8%) to $9.70 on heavy volume. Thus far, 6.1 million shares of Yamana Gold exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $9.26-$9.77 after having opened the day at $9.27 as compared to the previous trading day's close of $9.17.

Yamana Gold Inc. engages in the exploration, development, and production of mineral properties, primarily gold. It also explores for copper, molybdenum, zinc, and silver metals. Yamana Gold has a market cap of $6.7 billion and is part of the metals & mining industry. Shares are up 6.4% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate Yamana Gold a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Yamana Gold 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 a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full Yamana Gold 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 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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