Kinder Morgan Inc. (KMI): Today's Featured Basic Materials Laggard

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.

Kinder Morgan ( KMI) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 0.6%. By the end of trading, Kinder Morgan fell $0.33 (-1.1%) to $31.15 on average volume. Throughout the day, 6,518,425 shares of Kinder Morgan exchanged hands as compared to its average daily volume of 6,730,200 shares. The stock ranged in price between $31.13-$31.79 after having opened the day at $31.74 as compared to the previous trading day's close of $31.48. Other companies within the Basic Materials sector that declined today were: Golden Star Resources ( GSS), down 11.6%, Global Geophysical Services ( GGS), down 11.3%, Tanzanian Royalty Exploration Corporation ( TRX), down 9.8% and Seabridge Gold ( SA), down 8.6%.

Kinder Morgan, Inc. operates as a midstream and energy company in North America. It operates through Natural Gas Pipelines, CO2 KMP, Products Pipelines KMP, Terminals KMP, Kinder Morgan Canada KMP, and Other segments. Kinder Morgan has a market cap of $32.0 billion and is part of the energy industry. Shares are down 13.7% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Kinder Morgan as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, MagneGas Corporation ( MNGA), up 60.0%, Lightbridge ( LTBR), up 28.1%, Tasman Metals ( TAS), up 24.1% and Northern Dynasty Minerals ( NAK), up 18.3% , were all gainers within the basic materials sector with Occidental Petroleum Corporation ( OXY) being today's featured basic materials sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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