Trade-Ideas LLC identified

Cytec Industries

(

CYT

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Cytec Industries as such a stock due to the following factors:

  • CYT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $74.7 million.
  • CYT has traded 263.8809999999999718056642450392246246337890625 options contracts today.
  • CYT is making at least a new 3-day high.
  • CYT has a PE ratio of 4.
  • CYT is mentioned 1.48 times per day on StockTwits.
  • CYT has not yet been mentioned on StockTwits today.
  • CYT is currently in the upper 20% of its 1-year range.
  • CYT is in the upper 35% of its 20-day range.
  • CYT is in the upper 45% of its 5-day range.
  • CYT is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on CYT:

Cytec Industries Inc., a specialty materials and chemicals company, focuses on developing, manufacturing, and selling value-added products for aerospace and industrial materials, mining, and plastics industries. The stock currently has a dividend yield of 0.7%. CYT has a PE ratio of 4. Currently there are 2 analysts that rate Cytec Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Cytec Industries has been 1.2 million shares per day over the past 30 days. Cytec has a market cap of $5.3 billion and is part of the basic materials sector and chemicals industry. Shares are up 60.1% year-to-date as of the close of trading on Thursday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Cytec Industries as a

buy

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

Highlights from the ratings report include:

  • The current debt-to-equity ratio, 0.58, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.47, which illustrates the ability to avoid short-term cash problems.
  • Net operating cash flow has increased to $54.80 million or 24.54% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -3.55%.
  • Compared to its closing price of one year ago, CYT's share price has jumped by 60.21%, exceeding the performance of the broader market during that same time frame. Looking ahead, the stock's sharp rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
  • Regardless of the drop in revenue, the company managed to outperform against the industry average of 11.3%. Since the same quarter one year prior, revenues slightly dropped by 3.6%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • 36.93% is the gross profit margin for CYTEC INDUSTRIES INC which we consider to be strong. Regardless of CYT's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 10.76% trails the industry average.

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