Williams Partners LP (WPZ): 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 down 0.6%. By the end of trading, Williams Partners rose $0.53 (1.0%) to $52.59 on light volume. Throughout the day, 504,455 shares of Williams Partners exchanged hands as compared to its average daily volume of 846,800 shares. The stock ranged in a price between $51.86-$53.15 after having opened the day at $51.97 as compared to the previous trading day's close of $52.06. Other companies within the Chemicals industry that increased today were:
(
), up 5.2%,
(
), up 5.0%,
(
), up 4.8% and
(
), up 3.9%.
Williams Partners L.P., an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in two segments, Gas Pipeline and Midstream Gas & Liquids. Williams Partners has a market cap of $21.2 billion and is part of the basic materials sector. Shares are up 7.0% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Williams Partners a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Williams Partners
as a
. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Williams Partners Ratings Report.
On the negative front,
Flexible Solutions International
(
), down 5.1%,
(
), down 4.8%,
(
), down 4.6% and
(
), down 3.9% , 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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