Valspar Corporation

(

VAL

) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day down 1%. By the end of trading, Valspar Corporation rose $2.28 (6.8%) to $36 on heavy volume. Throughout the day, 2.4 million shares of Valspar Corporation exchanged hands as compared to its average daily volume of 687,100 shares. The stock ranged in a price between $35.32-$37.41 after having opened the day at $36.61 as compared to the previous trading day's close of $33.72. Other companies within the Chemicals industry that increased today were:

Pure Bioscience Inc

(

PURE

), up 7.3%,

Pacific Ethanol Inc

(

PEIX

), up 7%,

Pacific Ethanol Inc

(

PEIXD

), up 7%, and

Solazyme Inc

(

SZYM

), up 5.5%.

The Valspar Corporation manufactures and distributes coatings, paints, and related products worldwide. The company's Coatings segment offers decorative and protective coatings for metal, wood, and plastic primarily for sale to original equipment manufacturer customers. Valspar Corporation has a market cap of $3.2 billion and is part of the

basic materials

sector. The company has a P/E ratio of 15.9, below the average chemicals industry P/E ratio of 16.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 2.2% year to date as of the close of trading on Monday.

TheStreet Ratings rates Valspar as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

China Green Agriculture Inc

(

CGA

), down 12.7%,

Sino Clean Energy Inc

(

SCEI

), down 6.7%,

Gevo Inc

(

GEVO

), down 6.7%, and

TOR Minerals International Inc

(

TORM

), down 6.6%, were all losers within the chemicals industry with

Mosaic

(

MOS

) 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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