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 traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 62 points (0.4%) at 17,114 as of Tuesday, July 22, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 2,161 issues advancing vs. 822 declining with 149 unchanged.

The Basic Materials sector as a whole closed the day up 0.6% versus the S&P 500, which was up 0.5%. Top gainers within the Basic Materials sector included Barnwell Industries ( BRN), up 3.5%, Ossen Innovation ( OSN), up 6.7%, Entree Gold ( EGI), up 2.6%, Saratoga Resources ( SARA), up 1.9% and PostRock Energy ( PSTR), up 1.6%.

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

Saratoga Resources ( SARA) is one of the companies that pushed the Basic Materials sector higher today. Saratoga Resources was up $0.03 (1.9%) to $1.62 on heavy volume. Throughout the day, 59,555 shares of Saratoga Resources exchanged hands as compared to its average daily volume of 15,800 shares. The stock ranged in a price between $1.60-$1.65 after having opened the day at $1.63 as compared to the previous trading day's close of $1.59.

Saratoga Resources, Inc., an independent oil and natural gas company, acquires, exploits, produces, and develops crude oil and natural gas properties in the United States. Saratoga Resources has a market cap of $53.2 million and is part of the energy industry. Shares are up 39.5% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate Saratoga Resources a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Saratoga Resources as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk.

Highlights from TheStreet Ratings analysis on SARA go as follows:

  • 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 Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 681.2% when compared to the same quarter one year ago, falling from -$1.06 million to -$8.29 million.
  • 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 Oil, Gas & Consumable Fuels industry and the overall market, SARATOGA RESOURCES INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for SARATOGA RESOURCES INC is currently lower than what is desirable, coming in at 30.28%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -70.60% is significantly below that of the industry average.
  • Net operating cash flow has significantly decreased to -$9.52 million or 214.88% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The debt-to-equity ratio is very high at 6.13 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Regardless of the company's weak debt-to-equity ratio, SARA has managed to keep a strong quick ratio of 2.00, which demonstrates the ability to cover short-term cash needs.

You can view the full analysis from the report here: Saratoga 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.

At the close, Entree Gold ( EGI) was up $0.01 (2.6%) to $0.30 on light volume. Throughout the day, 8,003 shares of Entree Gold exchanged hands as compared to its average daily volume of 65,000 shares. The stock ranged in a price between $0.29-$0.30 after having opened the day at $0.30 as compared to the previous trading day's close of $0.29.

Entree Gold has a market cap of $44.5 million and is part of the energy industry. Shares are up 6.4% year-to-date as of the close of trading on Monday.

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Highlights from TheStreet Ratings analysis on EGI go as follows:

You can view the full analysis from the report here: Entree Gold 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 $0.06 (6.7%) to $0.95 on heavy volume. Throughout the day, 88,496 shares of Ossen Innovation exchanged hands as compared to its average daily volume of 18,000 shares. The stock ranged in a price between $0.89-$1.00 after having opened the day at $0.90 as compared to the previous trading day's close of $0.89.

Ossen Innovation Co., Ltd. manufactures and sells various 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 $17.3 million and is part of the energy industry. Shares are down 25.2% year-to-date as of the close of trading on Monday. 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 compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including 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 4.5%. Since the same quarter one year prior, revenues leaped by 92.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • This stock has managed to rise its share value by 29.03% over the past twelve months. 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 10.81%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 1.71% significantly trails the industry average.
  • Net operating cash flow has significantly decreased to -$1.13 million or 112.47% 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.