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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 205 points (-1.2%) at 16,675 as of Thursday, July 31, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 243 issues advancing vs. 2,822 declining with 89 unchanged. The Basic Materials sector currently sits down 2.3% versus the S&P 500, which is down 1.5%. On the negative front, top decliners within the sector include YPF Sociedad Anonima ( YPF), down 9.2%, Petroleo Brasileiro SA Petrobras ( PBR), down 4.3%, PetroChina ( PTR), down 3.4%, Total ( TOT), down 3.2% and Suncor Energy ( SU), down 2.9%. TheStreet would like to highlight 3 stocks pushing the sector lower today: 3. ConocoPhillips ( COP) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, ConocoPhillips is down $1.77 (-2.1%) to $82.86 on average volume. Thus far, 3.4 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $82.37-$84.56 after having opened the day at $84.21 as compared to the previous trading day's close of $84.63. ConocoPhillips explores for, develops, and produces crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. ConocoPhillips has a market cap of $104.0 billion and is part of the energy industry. Shares are up 19.8% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts that rate ConocoPhillips a buy, 3 analysts rate it a sell, and 6 rate it a hold. TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full ConocoPhillips Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.