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Westlake Chemical Corporation

(

WLK

) 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, Westlake Chemical Corporation fell $0.86 (-1.3%) to $64.39 on average volume. Throughout the day, 703,332 shares of Westlake Chemical Corporation exchanged hands as compared to its average daily volume of 729,600 shares. The stock ranged in price between $63.25-$65.52 after having opened the day at $65.03 as compared to the previous trading day's close of $65.25. Other companies within the Chemicals industry that declined today were:

Lightbridge

(

LTBR

), down 9.1%,

Marrone Bio Innovations

(

MBII

), down 5.2%,

Valhi

(

VHI

), down 3.1% and

Chemtura Corporation

(

CHMT

), down 3.0%.

Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates through two segments, Olefins and Vinyls. Westlake Chemical Corporation has a market cap of $8.8 billion and is part of the basic materials sector. Shares are up 6.9% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Westlake Chemical Corporation a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Westlake Chemical Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, 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 positive front,

Amyris

(

AMRS

), up 5.8%,

Braskem

(

BAK

), up 5.4%,

H.B. Fuller Company

(

FUL

), up 3.9% and

Ceres

(

CERE

), up 3.5% , were all gainers within the chemicals industry with

Agrium

(

AGU

) 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

(

XLB

) while those bearish on the chemicals industry could consider

ProShares Short Basic Materials Fd

(

SBM

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.