3 Stocks Dragging In 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 202 points (-1.2%) at 16,120 as of Monday, March 3, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 729 issues advancing vs. 2,228 declining with 140 unchanged.

The Basic Materials sector currently is unchanged today versus the S&P 500, which is down 1.0%. On the negative front, top decliners within the sector include Companhia Siderurgica Nacional ( SID), down 7.6%, BP ( BP), down 2.3%, Tenaris ( TS), down 2.3%, Schlumberger ( SLB), down 2.1% and Total ( TOT), down 1.9%. Top gainers within the sector include Randgold Resources ( GOLD), up 4.8%, Statoil ASA ( STO), up 2.3%, Canadian Natural Resources ( CNQ), up 1.0%, Monsanto Company ( MON), up 0.9% and EOG Resources ( EOG), up 0.9%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. E.I. du Pont de Nemours & Company ( DD) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, E.I. du Pont de Nemours & Company is down $1.01 (-1.5%) to $65.61 on average volume. Thus far, 1.8 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $65.41-$66.56 after having opened the day at $65.78 as compared to the previous trading day's close of $66.62.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $61.2 billion and is part of the chemicals industry. Shares are up 2.5% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate E.I. du Pont de Nemours & Company a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance, 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 disappointing return on equity. Get the full E.I. du Pont de Nemours & Company Ratings Report now.

STOCKS TO BUY: 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, Halliburton Company ( HAL) is down $0.51 (-0.9%) to $56.34 on average volume. Thus far, 3.6 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $56.05-$57.13 after having opened the day at $56.29 as compared to the previous trading day's close of $56.85.

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $47.4 billion and is part of the energy industry. Shares are up 12.3% year-to-date as of the close of trading on Friday. Currently there are 19 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Halliburton Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Halliburton Company Ratings Report now.

STOCKS TO BUY: 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, Dow Chemical ( DOW) is down $0.56 (-1.1%) to $48.15 on light volume. Thus far, 2.8 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 11.1 million shares. The stock has ranged in price between $47.93-$48.77 after having opened the day at $48.03 as compared to the previous trading day's close of $48.71.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials in the manufacture of customer products and services worldwide. Dow Chemical has a market cap of $59.0 billion and is part of the chemicals industry. Shares are up 9.7% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate Dow Chemical a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Dow Chemical as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Dow Chemical Ratings Report now.

STOCKS TO BUY: 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 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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