Huntsman Corporation

(

HUN

) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day down 0.2%. By the end of trading, Huntsman Corporation rose 44 cents (3%) to $15.02 on average volume. Throughout the day, seven million shares of Huntsman Corporation exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in a price between $14.38-$15.14 after having opened the day at $14.81 as compared to the previous trading day's close of $14.58. Other companies within the Chemicals industry that increased today were:

BioFuel Energy Corporation

(

BIOF

), up 6.5%,

Green Plains Renewable Energy

(

GPRE

), up 5.8%,

Yongye International

(

YONG

), up 5.6%, and

GSE

(

GSE

), up 4.8%.

Huntsman Corporation engages in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. Huntsman Corporation has a market cap of $3.58 billion and is part of the

basic materials

sector. The company has a P/E ratio of 10.7, above the average chemicals industry P/E ratio of 10.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 45.8% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Huntsman Corporation a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Huntsman Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front,

Clean Diesel Technologies

(

CDTI

), down 20.1%,

Lizhan Environmental

(

LZEN

), down 9.1%,

Terra Nitrogen Company L.P

(

TNH

), down 7.5%, and

Altair Nanotechnologies

(

ALTI

), down 6.8%, were all losers within the chemicals industry with

Mosaic

(

MOS

) being today's chemicals industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider

Materials Select Sector SPDR

(

XLB

) while those bearish on the chemicals industry could consider

ProShares Short Basic Materials Fd

(

SBM

).

null