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 65 points (-0.4%) at 16,550 as of Wednesday, Oct. 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,484 issues advancing vs. 1,529 declining with 144 unchanged.

The Basic Materials sector currently sits down 0.9% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Ecopetrol ( EC), down 2.9%, ArcelorMittal ( MT), down 2.3%, Pioneer Natural Resources ( PXD), down 1.8%, EOG Resources ( EOG), down 1.6% and Canadian Natural Resources ( CNQ), down 1.6%. Top gainers within the sector include PetroChina ( PTR), up 1.6%, Plains All American Pipeline ( PAA), up 1.3%, Kinder Morgan Energy Partners ( KMP), up 1.1%, Kinder Morgan ( KMI), up 0.8% and Enterprise Products Partners ( EPD), up 0.8%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Suncor Energy ( SU) is one of the companies pushing the Basic Materials sector lower today. As of noon trading, Suncor Energy is down $0.50 (-1.5%) to $34.12 on average volume. Thus far, 2.0 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $34.11-$34.65 after having opened the day at $34.56 as compared to the previous trading day's close of $34.62.

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

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $49.5 billion and is part of the energy industry. Shares are down 1.2% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Suncor Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Suncor Energy 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, Continental Resources ( CLR) is down $1.58 (-2.7%) to $57.12 on light volume. Thus far, 700,366 shares of Continental Resources exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $57.09-$59.42 after having opened the day at $59.00 as compared to the previous trading day's close of $58.70.

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

Continental Resources, Inc. is engaged in the exploration, development, and production of crude oil and natural gas properties in the north, south, and east regions of the United States. Continental Resources has a market cap of $21.0 billion and is part of the energy industry. Shares are up 4.3% year-to-date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Continental Resources a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Continental Resources as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Continental Resources 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, Baker Hughes ( BHI) is down $0.87 (-1.6%) to $53.36 on average volume. Thus far, 2.3 million shares of Baker Hughes exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $53.33-$54.59 after having opened the day at $54.34 as compared to the previous trading day's close of $54.23.

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

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. Baker Hughes has a market cap of $22.9 billion and is part of the energy industry. Shares are down 1.9% year-to-date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Baker Hughes as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Baker Hughes 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 basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).

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