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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 16,759 as of Monday, June 16, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,419 issues advancing vs. 1,541 declining with 179 unchanged.

The Basic Materials sector currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the sector include Williams Companies ( WMB), up 19.4%, Williams Partners ( WPZ), up 7.8%, Suncor Energy ( SU), up 1.6%, Chevron ( CVX), up 0.8% and ConocoPhillips ( COP), up 0.6%. On the negative front, top decliners within the sector include YPF Sociedad Anonima ( YPF), down 6.3%, Schlumberger ( SLB), down 1.1% and Ecopetrol ( EC), down 0.9%.

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

3. Energy Transfer Equity ( ETE) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Energy Transfer Equity is up $0.65 (1.2%) to $53.06 on light volume. Thus far, 561,652 shares of Energy Transfer Equity exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $52.42-$53.62 after having opened the day at $52.42 as compared to the previous trading day's close of $52.41.

Energy Transfer Equity, L.P., through its subsidiaries, provides diversified energy-related services in the Unites States. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Energy Transfer Equity has a market cap of $28.8 billion and is part of the energy industry. Shares are up 28.2% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Energy Transfer Equity a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Energy Transfer Equity 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, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Energy Transfer Equity Ratings Report now.

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2. As of noon trading, Spectra Energy ( SE) is up $0.57 (1.4%) to $41.74 on average volume. Thus far, 1.3 million shares of Spectra Energy exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $41.20-$42.00 after having opened the day at $41.32 as compared to the previous trading day's close of $41.17.

Spectra Energy Corp., through its subsidiaries, owns and operates a portfolio of natural gas-related energy assets in North America. Spectra Energy has a market cap of $27.6 billion and is part of the energy industry. Shares are up 15.6% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Spectra Energy a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Spectra Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Spectra Energy 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, Potash Corp of Saskatchewan ( POT) is up $0.64 (1.8%) to $36.70 on average volume. Thus far, 2.4 million shares of Potash Corp of Saskatchewan exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $35.91-$36.79 after having opened the day at $35.96 as compared to the previous trading day's close of $36.05.

Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products worldwide. It mines and produces potash, which is primarily used as fertilizer. Potash Corp of Saskatchewan has a market cap of $30.4 billion and is part of the chemicals industry. Shares are up 9.4% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Potash Corp of Saskatchewan a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Potash Corp of Saskatchewan as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Potash Corp of Saskatchewan 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 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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