Dow Chemical Co (DOW): Today's Featured Basic Materials Laggard
(
) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Dow Chemical fell $0.43 (-1.2%) to $33.97 on average volume. Throughout the day, 5,985,388 shares of Dow Chemical exchanged hands as compared to its average daily volume of 7,027,600 shares. The stock ranged in price between $33.82-$34.51 after having opened the day at $34.31 as compared to the previous trading day's close of $34.40. Other companies within the Basic Materials sector that declined today were:
(
), down 39.5%,
(
), down 33.3%,
(
), down 21.8% and
(
), down 11.3%.
The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $41.3 billion and is part of the chemicals industry. Shares are up 6.4% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Dow Chemical a buy, 4 analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates
Dow Chemical
as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Dow Chemical Ratings Report.
On the positive front,
(
), up 38.7%,
(
), up 14.4%,
(
), up 13.3% and
Apco Oil and Gas International
(
), up 12.2% , were all gainers within the basic materials sector with
(
) being today's featured basic materials sector leader.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
(
) while those bearish on the basic materials sector could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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