The chemicals industry closed the day up 3.4%. Sino Clean Energy Inc ( SCEI), Clean Diesel Technologies Inc ( CDTI), Kronos Worldwide Inc ( KRO), and Landec Corporation ( LNDC) were all winners today within the chemicals industry with Potash Corporation of Saskatchewan Inc ( POT) being today's featured chemicals winner. Potash Corporation of Saskatchewan Inc rose $1.66 (3.7%) to $46.41 on average volume. Throughout the day, 9.8 million shares of Potash Corporation of Saskatchewan Inc exchanged hands as compared to its average daily volume of 8.8 million shares. Potash Corporation of Saskatchewan Inc. produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. Potash Corporation of Saskatchewan Inc has a market cap of $36.2 billion and is part of the basic materials sector. The company has a P/E ratio of 15.3, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 13.3% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Potash Corporation of Saskatchewan as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, notable return on equity, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
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