3 Basic Materials Stocks Pushing Sector Growth

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 97 points (0.6%) at 17,481 as of Wednesday, Nov. 5, 2014, 12:20 PM ET. The NYSE advances/declines ratio sits at 1,800 issues advancing vs. 1,144 declining with 202 unchanged.

The Basic Materials sector currently sits up 0.7% versus the S&P 500, which is up 0.5%. Top gainers within the sector include Devon Energy ( DVN), up 9.6%, EOG Resources ( EOG), up 6.9%, Chesapeake Energy ( CHK), up 6.0%, Cenovus Energy ( CVE), up 4.6% and Southwestern Energy ( SWN), up 4.5%. On the negative front, top decliners within the sector include Pioneer Natural Resources ( PXD), down 4.3%, HollyFrontier ( HFC), down 4.1%, Valero Energy ( VLO), down 2.1%, PetroChina ( PTR), down 1.9% and Petroleo Brasileiro SA Petrobras ( PBR), down 0.8%.

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

3. E I du Pont de Nemours & Company ( DD) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, E I du Pont de Nemours & Company is up $1.18 (1.7%) to $69.69 on light volume. Thus far, 1.4 million shares of E I du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $68.68-$69.75 after having opened the day at $68.79 as compared to the previous trading day's close of $68.51.

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

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. E I du Pont de Nemours & Company has a market cap of $62.4 billion and is part of the chemicals industry. Shares are up 5.5% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate E I du Pont de Nemours & Company a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates E I du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, increase in net income, 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 E I du Pont de Nemours & Company 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, LyondellBasell Industries ( LYB) is up $1.14 (1.4%) to $85.21 on average volume. Thus far, 3.1 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $84.03-$86.76 after having opened the day at $84.46 as compared to the previous trading day's close of $84.07.

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

LyondellBasell Industries N.V., together with its subsidiaries, manufactures chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for production of polymers. LyondellBasell Industries has a market cap of $44.7 billion and is part of the chemicals industry. Shares are up 4.7% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate LyondellBasell Industries a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates LyondellBasell Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth 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 LyondellBasell Industries 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, Dow Chemical ( DOW) is up $1.08 (2.3%) to $48.66 on light volume. Thus far, 3.7 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 10.4 million shares. The stock has ranged in price between $47.92-$48.98 after having opened the day at $48.19 as compared to the previous trading day's close of $47.58.

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

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials in the manufacture of customer products and services worldwide. Dow Chemical has a market cap of $57.9 billion and is part of the chemicals industry. Shares are up 7.2% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Dow Chemical a buy, 3 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Dow Chemical as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Dow Chemical 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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