3 Metals & Mining Stocks Driving The Industry Higher

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 81 points (0.5%) at 17,082 as of Monday, Aug. 25, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,780 issues advancing vs. 1,159 declining with 188 unchanged.

The Metals & Mining industry currently sits down 0.4% versus the S&P 500, which is up 0.4%. A company within the industry that increased today was Tenaris ( TS), up 1.7%. On the negative front, top decliners within the industry include Franco-Nevada ( FNV), down 1.4%, and Barrick Gold ( ABX), down 1.1%.

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

3. POSCO ( PKX) is one of the companies pushing the Metals & Mining industry higher today. As of noon trading, POSCO is up $0.79 (0.9%) to $83.75 on light volume. Thus far, 75,649 shares of POSCO exchanged hands as compared to its average daily volume of 219,300 shares. The stock has ranged in price between $83.25-$83.83 after having opened the day at $83.54 as compared to the previous trading day's close of $82.96.

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

POSCO, together with its subsidiaries, manufactures and sells steel rolled products and plates. It operates through four segments: Steel, Trading, Construction, and Others. POSCO has a market cap of $26.4 billion and is part of the basic materials sector. Shares are up 6.4% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates POSCO a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates POSCO as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in stock price during the past year, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full POSCO 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.

2. As of noon trading, Nucor ( NUE) is up $0.36 (0.7%) to $54.11 on light volume. Thus far, 495,969 shares of Nucor exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $54.01-$54.30 after having opened the day at $54.06 as compared to the previous trading day's close of $53.75.

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

Nucor Corporation, together with its subsidiaries, manufactures and sells steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. Nucor has a market cap of $17.1 billion and is part of the basic materials sector. Shares are up 0.7% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Nucor a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Nucor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Nucor 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.

1. As of noon trading, United States Steel ( X) is up $1.01 (2.7%) to $38.82 on average volume. Thus far, 4.6 million shares of United States Steel exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $38.53-$39.20 after having opened the day at $39.06 as compared to the previous trading day's close of $37.81.

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

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. The company operates in three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). United States Steel has a market cap of $5.3 billion and is part of the basic materials sector. Shares are up 28.2% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate United States Steel a buy, 3 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates United States Steel as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and generally higher debt management risk. Get the full United States Steel 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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