3 Stocks Raising The Metals & Mining Industry Higher

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 37 points (0.2%) at 16,217 as of Wednesday, Feb. 26, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 910 declining with 172 unchanged.

The Metals & Mining industry currently sits down 0.7% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Cameco ( CCJ), up 3.0%, and POSCO ( PKX), up 0.6%. On the negative front, top decliners within the industry include Tenaris ( TS), down 0.7%, and ArcelorMittal ( MT), down 0.6%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Vale ( VALE) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Vale is up $0.11 (0.8%) to $14.01 on light volume. Thus far, 5.9 million shares of Vale exchanged hands as compared to its average daily volume of 18.6 million shares. The stock has ranged in price between $13.72-$14.06 after having opened the day at $13.92 as compared to the previous trading day's close of $13.90.

Vale S.A. engages in the research, production, and marketing of iron ore and pellets, nickel, fertilizers, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Vale has a market cap of $74.1 billion and is part of the basic materials sector. Shares are down 8.8% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Vale a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Vale as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. Get the full Vale 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, Alcoa ( AA) is up $0.33 (2.8%) to $11.95 on average volume. Thus far, 13.1 million shares of Alcoa exchanged hands as compared to its average daily volume of 27.4 million shares. The stock has ranged in price between $11.54-$12.00 after having opened the day at $11.65 as compared to the previous trading day's close of $11.62.

Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Alcoa has a market cap of $12.7 billion and is part of the basic materials sector. Shares are up 10.7% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Alcoa a buy, 4 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Alcoa as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Alcoa 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, Freeport-McMoRan Copper & Gold ( FCX) is up $0.70 (2.1%) to $33.46 on light volume. Thus far, 3.2 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 10.8 million shares. The stock has ranged in price between $32.84-$33.58 after having opened the day at $32.86 as compared to the previous trading day's close of $32.77.

Freeport-McMoRan Copper & Gold Inc. engages in the exploration of mineral resource properties. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. Freeport-McMoRan Copper & Gold has a market cap of $34.5 billion and is part of the basic materials sector. Shares are down 12.0% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Freeport-McMoRan Copper & Gold as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Freeport-McMoRan Copper & 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 3 stocks, 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).

null

More from Markets

Sohn Conference Briefly Distracts From Barrage of Earnings -- ICYMI

Sohn Conference Briefly Distracts From Barrage of Earnings -- ICYMI

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Video: Stop Using Student Loan Money to Buy Bitcoin

Video: Stop Using Student Loan Money to Buy Bitcoin

Let the Najarian Brothers Crash-Proof Portfolio

Let the Najarian Brothers Crash-Proof Portfolio

Facebook Sends Facial Recognition Notification in Error

Facebook Sends Facial Recognition Notification in Error