Dow Chemical

(

DOW

) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 3.2%. By the end of trading, Dow Chemical rose $1.20 (4.9%) to $25.67 on light volume. Throughout the day, 6.5 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 12.3 million shares. The stock ranged in a price between $25.38-$25.91 after having opened the day at $25.75 as compared to the previous trading day's close of $24.47. Other companies within the Chemicals industry that increased today were:

Valhi Incorporated

(

VHI

), up 15.8%,

Gevo Inc

(

GEVO

), up 13.9%,

Flotek Industries Inc

(

FTK

), up 8.9%, and

Braskem

(

BAK

), up 7.5%.

The Dow Chemical Company manufactures and supplies products used as raw materials in the production of customer products and services worldwide. Dow Chemical has a market cap of $29.07 billion and is part of the

basic materials

sector. The company has a P/E ratio of 10.1, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 28.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates The Dow Chemical 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,

BioFuel Energy Corporation

(

BIOF

), down 10.6%,

Pure Bioscience Inc

(

PURE

), down 5.7%,

Rentech Inc

(

RTK

), down 4.2%, and

Lightbridge

(

LTBR

), down 3.3%, were all losers within the chemicals industry with

Pacific Ethanol Inc

(

PEIX

) 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

).

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