Schlumberger NV (SLB): Today's Featured Basic Materials 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.

Schlumberger ( SLB) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 1.6%. By the end of trading, Schlumberger rose $1.33 (1.5%) to $90.37 on average volume. Throughout the day, 5,893,990 shares of Schlumberger exchanged hands as compared to its average daily volume of 6,034,400 shares. The stock ranged in a price between $89.01-$90.65 after having opened the day at $89.03 as compared to the previous trading day's close of $89.04. Other companies within the Basic Materials sector that increased today were: Flexible Solutions International ( FSI), up 14.9%, Pedevco ( PED), up 13.5%, Banro Corporation ( BAA), up 13.1% and Tetra Technologies ( TTI), up 12.6%.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. Schlumberger has a market cap of $117.0 billion and is part of the energy industry. Shares are down 1.2% year to date as of the close of trading on Monday. Currently there are 24 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Schlumberger as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth and revenue growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front, Timberline Resources Corporation ( TLR), down 18.8%, Alexco Resource ( AXU), down 14.1%, Senomyx ( SNMX), down 10.1% and WPX Energy ( WPX), down 10.0%.

For investors not wanting singular stock exposure, 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).

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 liked this article you might like

These Are the Hottest Stories on Wall Street Tuesday

These Are the Hottest Stories on Wall Street Tuesday

How I'm Playing Infrastructure, Oil and Defense Stocks Right Now

How I'm Playing Infrastructure, Oil and Defense Stocks Right Now

Oil Giant Schlumberger's Stock Chart Looks Sloppy

Oil Giant Schlumberger's Stock Chart Looks Sloppy

What's Behind the Hound of Hades' Stock Market Rampage

What's Behind the Hound of Hades' Stock Market Rampage

Looks Like the Correction in Schlumberger Is Over - Stay Long

Looks Like the Correction in Schlumberger Is Over - Stay Long