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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.

PPG Industries



) 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, PPG Industries fell $1.97 (-1.2%) to $160.27 on light volume. Throughout the day, 429,248 shares of PPG Industries exchanged hands as compared to its average daily volume of 669,600 shares. The stock ranged in price between $159.76-$162.85 after having opened the day at $162.65 as compared to the previous trading day's close of $162.24. Other companies within the Chemicals industry that declined today were:

Ikonics Corporation



), down 5.2%,

Penford Corporation



), down 3.8%,




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), down 3.5% and

BioFuel Energy Corporation



), down 2.9%.

PPG Industries, Inc. operates as a coatings and specialty products company. PPG Industries has a market cap of $22.9 billion and is part of the basic materials sector. Shares are up 19.9% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate PPG Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

PPG Industries

as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,




), up 20.2%,

Methes Energies International



), up 10.0%,

Rentech Nitrogen Partners



), up 5.1% and




), up 3.2% , were all gainers within the chemicals industry with

Potash Corporation of Saskatchewan



) being today's featured chemicals industry leader.

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



) while those bearish on the chemicals industry could consider

ProShares Short Basic Materials Fd




STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.