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3 Chemicals Stocks Pushing Industry 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 traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 27 points (0.2%) at 16,518 as of Monday, May 19, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,874 issues advancing vs. 1,111 declining with 157 unchanged.

The Chemicals industry as a whole closed the day up 0.5% versus the S&P 500, which was up 0.4%. Top gainers within the Chemicals industry included Flexible Solutions International ( FSI), up 2.9%, Methes Energies International ( MEIL), up 2.5%, Gulf Resources ( GURE), up 4.8%, Taminco ( TAM), up 2.2% and Senomyx ( SNMX), up 11.0%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Taminco ( TAM) is one of the companies that pushed the Chemicals industry higher today. Taminco was up $0.45 (2.2%) to $20.45 on light volume. Throughout the day, 23,858 shares of Taminco exchanged hands as compared to its average daily volume of 107,000 shares. The stock ranged in a price between $19.88-$20.77 after having opened the day at $19.91 as compared to the previous trading day's close of $20.00.

Taminco has a market cap of $1.3 billion and is part of the basic materials sector. Shares are down 1.0% year-to-date as of the close of trading on Friday.

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

Highlights from TheStreet Ratings analysis on TAM go as follows:

You can view the full analysis from the report here: Taminco Ratings Report

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

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