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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 down 0.1%. By the end of trading, PPG Industries fell $2.31 (-1.2%) to $182.36 on heavy volume. Throughout the day, 1,355,653 shares of PPG Industries exchanged hands as compared to its average daily volume of 835,500 shares. The stock ranged in price between $181.43-$184.50 after having opened the day at $182.21 as compared to the previous trading day's close of $184.67. Other companies within the Chemicals industry that declined today were:

REX American Resources



), down 5.9%,

Penford Corporation



), down 5.1%,




TheStreet Recommends

), down 4.1% and

Minerals Technologies



), down 4.0%.

PPG Industries, Inc. operates as a coatings and specialty products company. PPG Industries has a market cap of $26.0 billion and is part of the basic materials sector. The company has a P/E ratio of 25.7, above the S&P 500 P/E ratio of 17.7. Shares are down 2.6% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate PPG Industries a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

PPG Industries

as a


. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, increase in net income and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front,




), up 32.8%,




), up 8.3%,

NewMarket Corporation



), up 5.1% and

Ikonics Corporation



), up 4.8% , were all gainers within the chemicals industry with

Eastman Chemical Company



) 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




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