This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Agrium Inc (AGU): Today's Featured Chemicals Winner

Agrium (AGU) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.2%. By the end of trading, Agrium rose $1.56 (1.7%) to $91.55 on average volume. Throughout the day, 1.3 million shares of Agrium exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $89.46-$92.32 after having opened the day at $89.69 as compared to the previous trading day's close of $89.99. Other companies within the Chemicals industry that increased today were: BioFuel Energy Corporation (BIOF), up 17.7%, Pacific Ethanol (PEIX), up 12.1%, Lizhan Environmental (LZEN), up 8.3%, and Verenium Corporation (VRNM), up 7.5%.

Agrium Inc. engages in the retail of agricultural products and services worldwide. The company operates in three segments: Retail, Wholesale, and Advanced Technologies. Agrium has a market cap of $14.07 billion and is part of the basic materials sector. The company has a P/E ratio of 9.4, below the average chemicals industry P/E ratio of 10.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 32.7% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Agrium a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Agrium as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations, 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 has had sub par growth in net income.

On the negative front, Cereplast (CERP), down 6.3%, Green Plains Renewable Energy (GPRE), down 6%, Gulf Resources (GURE), down 5.1%, and Quaker Chemical Corporation (KWR), down 4.2%, were all losers within the chemicals industry with Dow Chemical (DOW) being today's chemicals industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider Materials Select Sector SPDR (XLB) while those bearish on the chemicals industry could consider ProShares Short Basic Materials Fd (SBM).

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs