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 77 points (0.5%) at 17,053 as of Thursday, July 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,714 issues advancing vs. 1,323 declining with 126 unchanged. The Basic Materials sector currently sits up 0.2% versus the S&P 500, which is up 0.5%. Top gainers within the sector include Vale ( VALE), up 2.5%, Marathon Oil ( MRO), up 1.6%, Tenaris ( TS), up 1.5%, Ecopetrol ( EC), up 1.3% and Continental Resources ( CLR), up 1.2%. A company within the sector that fell today was BP ( BP), up 0.5%. TheStreet would like to highlight 3 stocks pushing the sector higher today: 3. Freeport-McMoRan Copper & Gold ( FCX) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Freeport-McMoRan Copper & Gold is up $0.73 (1.9%) to $38.56 on heavy volume. Thus far, 9.2 million shares of Freeport-McMoRan Copper & Gold exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $38.04-$38.58 after having opened the day at $38.19 as compared to the previous trading day's close of $37.83. Freeport-McMoRan Copper & Gold Inc., a natural resource company, is engaged in the acquisition of mineral assets, and oil and natural gas resources. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas. Freeport-McMoRan Copper & Gold has a market cap of $38.3 billion and is part of the metals & mining industry. Shares are up 0.2% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts who rate Freeport-McMoRan Copper & Gold a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Freeport-McMoRan Copper & Gold as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Freeport-McMoRan Copper & Gold 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.