Dow Chemical Co (DOW): 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 0.3%. By the end of trading, Dow Chemical rose $1.55 (4.2%) to $38.74 on heavy volume. Throughout the day, 15,244,958 shares of Dow Chemical exchanged hands as compared to its average daily volume of 6,142,700 shares. The stock ranged in a price between $37.25-$38.96 after having opened the day at $37.30 as compared to the previous trading day's close of $37.19. Other companies within the Chemicals industry that increased today were:
(
), up 8.6%,
(
), up 6.1%,
(
TheStreet Recommends
), up 4.8% and
(
), up 4.6%.
The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $44.9 billion and is part of the basic materials sector. Shares are up 15.0% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Dow Chemical a buy, 4 analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Dow Chemical
as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Dow Chemical Ratings Report.
On the negative front,
(
), down 11.3%,
(
), down 10.6%,
(
), down 4.8% and
(
), down 2.4% , 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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