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. The Basic Materials sector as a whole closed the day down 2.2% versus the S&P 500, which was unchanged. Laggards within the Basic Materials sector included Sonde Resources ( SOQ), down 13.0%, Quest Rare Minerals ( QRM), down 2.0%, Alderon Iron Ore ( AXX), down 9.8%, Houston American Energy ( HUSA), down 4.8% and Silver Bull Resources ( SVBL), down 2.8%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today: Alderon Iron Ore ( AXX) is one of the companies that pushed the Basic Materials sector lower today. Alderon Iron Ore was down $0.04 (9.8%) to $0.35 on average volume. Throughout the day, 53,064 shares of Alderon Iron Ore exchanged hands as compared to its average daily volume of 43,600 shares. The stock ranged in price between $0.35-$0.40 after having opened the day at $0.39 as compared to the previous trading day's close of $0.39. Alderon Iron Ore has a market cap of $54.7 million and is part of the energy industry. Shares are down 73.2% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Alderon Iron Ore a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.