3 Stocks Dragging The Metals & Mining Industry Downward

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 15 points (-0.1%) at 17,638 as of Friday, Nov. 14, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,511 issues advancing vs. 1,431 declining with 199 unchanged.

The Metals & Mining industry currently sits up 1.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Turquoise Hill Resources ( TRQ), down 1.4%, and POSCO ( PKX), down 1.0%. Top gainers within the industry include Eldorado Gold ( EGO), up 5.0%, Franco-Nevada ( FNV), up 3.8%, Barrick Gold ( ABX), up 3.0%, Goldcorp ( GG), up 2.6% and Silver Wheaton ( SLW), up 2.7%.

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

3. Ternium ( TX) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Ternium is down $0.56 (-2.8%) to $19.84 on average volume. Thus far, 214,425 shares of Ternium exchanged hands as compared to its average daily volume of 287,600 shares. The stock has ranged in price between $19.67-$20.32 after having opened the day at $20.27 as compared to the previous trading day's close of $20.40.

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

Ternium S.A., together with its subsidiaries, manufactures and processes flat and long steel products for the construction, automotive, home appliances, capital goods, container, and food and energy industries. The company operates trough two segments, Steel and Mining. Ternium has a market cap of $4.2 billion and is part of the basic materials sector. Shares are down 34.8% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate Ternium a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ternium as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, attractive valuation levels 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 Ternium 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, Companhia Siderurgica Nacional ( SID) is down $0.20 (-7.1%) to $2.60 on average volume. Thus far, 3.4 million shares of Companhia Siderurgica Nacional exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $2.56-$2.69 after having opened the day at $2.68 as compared to the previous trading day's close of $2.80.

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

Companhia Siderurgica Nacional operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. Companhia Siderurgica Nacional has a market cap of $4.2 billion and is part of the basic materials sector. Shares are down 54.8% year-to-date as of the close of trading on Thursday. Currently there are no analysts that rate Companhia Siderurgica Nacional a buy, 2 analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. Get the full Companhia Siderurgica Nacional 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 down $0.48 (-1.4%) to $34.77 on light volume. Thus far, 2.1 million shares of United States Steel exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $34.64-$35.26 after having opened the day at $34.97 as compared to the previous trading day's close of $35.25.

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 $5.1 billion and is part of the basic materials sector. Shares are up 19.5% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts that rate United States Steel a buy, 3 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates United States Steel as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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).

null

More from Markets

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2