Today's Stocks Driving Success For The Metals & Mining Industry

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 22 points (0.1%) at 16,756 as of Friday, June 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,558 issues advancing vs. 1,369 declining with 183 unchanged.

The Metals & Mining industry currently sits down 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Freeport-McMoRan Copper & Gold ( FCX), up 0.9%, and Vale ( VALE), up 0.6%. On the negative front, top decliners within the industry include Goldcorp ( GG), down 0.8%, and ArcelorMittal ( MT), down 0.5%.

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

3. Companhia Siderurgica Nacional ( SID) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, Companhia Siderurgica Nacional is up $0.09 (2.2%) to $4.23 on average volume. Thus far, 1.7 million shares of Companhia Siderurgica Nacional exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $4.20-$4.26 after having opened the day at $4.23 as compared to the previous trading day's close of $4.14.

Companhia Siderurgica Nacional operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. Companhia Siderurgica Nacional has a market cap of $6.2 billion and is part of the basic materials sector. Shares are down 33.2% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Companhia Siderurgica Nacional a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and reasonable valuation levels. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Companhia Siderurgica Nacional 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, Nucor ( NUE) is up $0.39 (0.8%) to $50.69 on light volume. Thus far, 442,493 shares of Nucor exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $50.29-$50.80 after having opened the day at $50.40 as compared to the previous trading day's close of $50.30.

Nucor Corporation, together with its subsidiaries, manufactures and sells steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. Nucor has a market cap of $16.2 billion and is part of the basic materials sector. Shares are down 5.8% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Nucor a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Nucor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Nucor 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, Alcoa ( AA) is up $0.46 (3.2%) to $14.46 on average volume. Thus far, 7.6 million shares of Alcoa exchanged hands as compared to its average daily volume of 19.6 million shares. The stock has ranged in price between $14.07-$14.52 after having opened the day at $14.09 as compared to the previous trading day's close of $14.01.

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 $16.6 billion and is part of the basic materials sector. Shares are up 31.8% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Alcoa a buy, 1 analyst rates it a sell, and 8 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 weak operating cash flow. 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.

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).

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