CF Industries Holdings Inc (CF): Today's Featured Chemicals Laggard
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 lower today making it today's featured Chemicals laggard. The industry as a whole closed the day up 0.3%. By the end of trading, CF Industries Holdings fell $3.56 (-1.8%) to $189.89 on average volume. Throughout the day, 864,573 shares of CF Industries Holdings exchanged hands as compared to its average daily volume of 1,063,900 shares. The stock ranged in price between $188.27-$193.40 after having opened the day at $192.56 as compared to the previous trading day's close of $193.45. Other companies within the Chemicals industry that declined today were:
(
), down 7.1%,
(
), down 4.5%,
(
TheStreet Recommends
), down 2.5% and
Arabian American Development Company
(
), down 1.9%.
CF Industries Holdings, Inc. manufactures and distributes nitrogen and phosphate fertilizer products worldwide. It operates in two segments, Nitrogen and Phosphate. CF Industries Holdings has a market cap of $11.3 billion and is part of the basic materials sector. Shares are down 3.0% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate CF Industries Holdings a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
CF Industries Holdings
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full CF Industries Holdings Ratings Report.
On the positive front,
(
), up 17.3%,
(
), up 11.1%,
(
), up 10.7% and
(
), up 6.9% , were all gainers within the chemicals industry with
(
) being today's featured chemicals industry leader.
- 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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