NEW YORK (TheStreet) -- Shares of Dow Chemical Co. (DOW) - Get Report are increasing by 0.37% to $51.31 in afternoon trading on Wednesday.

DuPont (DD) and Dow announced on December 11 that they would merge and then break up into three separate companies.

TheStreet's Jim Cramer said he is a huge fan of Dow for his charitable trust Action Alerts Plus.

"The reason why we're huge is because when the Dow and DuPont deal closes you're going to have three different companies...Just look at what Ed Breen did at Tyco International (TYC), and we're going to see what he's going to do with Dow and DuPont," Cramer said in the above video.

Ed Breen is the CEO of DuPont. He is well known for helping Tyco recover from scandal and then breaking up the company, according to Bloomberg.

(Dow is held in Jim Cramer's charitable trust Action Alerts PLUS. See all of his holding with a freetrial.)

Separately, TheStreet Ratings Team has a "Buy" rating with a score of A- on Dow.

This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks rated.

The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity.

The team believes its strengths outweigh the fact that the company shows weak operating cash flow.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: DOW

Image placeholder title