FMC Corporation (FMC): Today's Featured Chemicals Winner
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.
(
) 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, FMC Corporation rose $0.80 (1.3%) to $63.10 on average volume. Throughout the day, 852,222 shares of FMC Corporation exchanged hands as compared to its average daily volume of 853,600 shares. The stock ranged in a price between $62.22-$63.16 after having opened the day at $62.31 as compared to the previous trading day's close of $62.30. Other companies within the Chemicals industry that increased today were:
(
), up 4.5%,
(
), up 3.9%,
(
), up 3.6% and
(
), up 3.2%.
FMC Corporation, a diversified chemical company, provides solutions and products for agricultural, consumer, and industrial markets. It operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. FMC Corporation has a market cap of $8.4 billion and is part of the basic materials sector. Shares are up 6.5% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate FMC Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
FMC Corporation
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full FMC Corporation Ratings Report.
On the negative front,
(
), down 13.5%,
(
), down 8.3%,
(
), down 5.9% and
(
), down 4.4% , were all laggards within the chemicals industry with
(
) being today's chemicals industry laggard.
- Use our chemicals section to find industry-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 chemicals industry could consider
(
) while those bearish on the chemicals industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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