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 traded up today Two out of the three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 6 points (0.0%) at 16,782 as of Monday, June 16, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,582 issues advancing vs. 1,410 declining with 164 unchanged.

The Basic Materials sector as a whole closed the day up 0.1% versus the S&P 500, which was unchanged. Top gainers within the Basic Materials sector included Pacific Booker Minerals ( PBM), up 9.9%, Ossen Innovation ( OSN), up 2.3%, Silver Bull Resources ( SVBL), up 2.4%, WSP Holdings ( WH), up 2.1% and Revett Mining ( RVM), up 5.1%.

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

WSP Holdings ( WH) is one of the companies that pushed the Basic Materials sector higher today. WSP Holdings was up $0.02 (2.1%) to $0.98 on light volume. Throughout the day, 17,428 shares of WSP Holdings exchanged hands as compared to its average daily volume of 55,700 shares. The stock ranged in a price between $0.93-$0.98 after having opened the day at $0.93 as compared to the previous trading day's close of $0.96.

WSP Holdings Limited, together with its subsidiaries, manufactures and sells seamless oil country tubular goods. WSP Holdings has a market cap of $19.2 million and is part of the energy industry. Shares are down 64.8% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate WSP Holdings a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates WSP Holdings as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on WH go as follows:

  • WSP HOLDINGS LTD has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has suffered a declining pattern earnings per share over the past two years. During the past fiscal year, WSP HOLDINGS LTD reported poor results of -$4.12 versus -$3.30 in the prior year.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Energy Equipment & Services industry. The net income has significantly decreased by 55.5% when compared to the same quarter one year ago, falling from -$16.61 million to -$25.83 million.
  • The debt-to-equity ratio is very high at 6.75 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.33, which clearly demonstrates the inability to cover short-term cash needs.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Energy Equipment & Services industry and the overall market, WSP HOLDINGS LTD's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for WSP HOLDINGS LTD is rather low; currently it is at 20.56%. Despite the low profit margin, it has increased significantly from the same period last year. Despite the mixed results of the gross profit margin, WH's net profit margin of -21.64% significantly underperformed when compared to the industry average.

You can view the full analysis from the report here: WSP Holdings Ratings Report

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At the close, Silver Bull Resources ( SVBL) was up $0.01 (2.4%) to $0.26 on average volume. Throughout the day, 219,161 shares of Silver Bull Resources exchanged hands as compared to its average daily volume of 160,200 shares. The stock ranged in a price between $0.25-$0.27 after having opened the day at $0.27 as compared to the previous trading day's close of $0.25.

Silver Bull Resources has a market cap of $40.2 million and is part of the energy industry. Shares are down 28.4% year-to-date as of the close of trading on Friday.

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Highlights from TheStreet Ratings analysis on SVBL go as follows:

You can view the full analysis from the report here: Silver Bull Resources Ratings Report

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

Ossen Innovation ( OSN) was another company that pushed the Basic Materials sector higher today. Ossen Innovation was up $0.02 (2.3%) to $0.88 on light volume. Throughout the day, 12,890 shares of Ossen Innovation exchanged hands as compared to its average daily volume of 23,000 shares. The stock ranged in a price between $0.83-$0.93 after having opened the day at $0.93 as compared to the previous trading day's close of $0.86.

Ossen Innovation Co., Ltd. engages in the manufacture and sale of plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials in the People's Republic of China. Ossen Innovation has a market cap of $18.3 million and is part of the energy industry. Shares are down 27.7% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate Ossen Innovation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Ossen Innovation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

Highlights from TheStreet Ratings analysis on OSN go as follows:

  • OSN's very impressive revenue growth greatly exceeded the industry average of 4.3%. Since the same quarter one year prior, revenues leaped by 53.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Compared to its closing price of one year ago, OSN's share price has jumped by 50.67%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Metals & Mining industry and the overall market on the basis of return on equity, OSSEN INNOVATION CO LTD -ADR has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
  • The gross profit margin for OSSEN INNOVATION CO LTD -ADR is currently extremely low, coming in at 8.24%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 2.82% significantly trails the industry average.
  • Net operating cash flow has significantly decreased to -$7.97 million or 288.74% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.

You can view the full analysis from the report here: Ossen Innovation Ratings Report

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

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.