Skip to main content

One out of the three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 0 points (0.0%) at 16,493 as of Wednesday, Sept. 9, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,626 issues advancing vs. 1,319 declining with 181 unchanged.

The Basic Materials sector currently sits down 0.7% versus the S&P 500, which is up 0.2%. Top gainers within the sector include

Freeport-McMoRan

(

FCX

), up 4.2%,

China Petroleum & Chemical

(

SNP

), up 4.1%,

POSCO

(

TheStreet Recommends

PKX

), up 3.2%,

Phillips 66

(

PSX

), up 3.0% and

PetroChina

(

PTR

), up 2.4%. On the negative front, top decliners within the sector include

Agnico Eagle Mines

(

AEM

), down 5.3%,

Goldcorp

(

GG

), down 4.2%,

Spectra Energy Partners

(

SEP

), down 4.2%,

Cheniere Energy

(

LNG

), down 3.8% and

Marathon Oil

(

MRO

), down 3.7%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3.

Celanese

(

CE

) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Celanese is up $2.14 (3.5%) to $62.51 on average volume. Thus far, 783,757 shares of Celanese exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $61.84-$62.87 after having opened the day at $62.41 as compared to the previous trading day's close of $60.37.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. Celanese has a market cap of $9.0 billion and is part of the chemicals industry. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 24.2. Shares are up 0.7% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Celanese a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Celanese

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, attractive valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Celanese Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading,

LyondellBasell Industries

(

LYB

) is up $0.86 (1.0%) to $84.03 on average volume. Thus far, 2.8 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $83.75-$86.08 after having opened the day at $83.95 as compared to the previous trading day's close of $83.17.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. LyondellBasell Industries has a market cap of $37.4 billion and is part of the chemicals industry. The company has a P/E ratio of 8.6, below the S&P 500 P/E ratio of 24.2. Shares are up 4.8% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate LyondellBasell Industries a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

LyondellBasell Industries

as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full

LyondellBasell Industries Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading,

Dow Chemical

(

DOW

) is up $0.60 (1.4%) to $44.69 on heavy volume. Thus far, 8.1 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $44.39-$45.28 after having opened the day at $44.83 as compared to the previous trading day's close of $44.09.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. Dow Chemical has a market cap of $48.7 billion and is part of the chemicals industry. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 24.2. Shares are down 3.3% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Dow Chemical a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Dow Chemical

as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

Dow Chemical Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider

Materials Select Sector SPDR

(

XLB

) while those bearish on the basic materials sector could consider

ProShares Short Basic Materials Fd

(

SBM

).