Sociedad Quimica Y Minera De Chile SA (SQM): Today's Featured Chemicals Winner

The chemicals industry closed the day down 3%. Rentech Inc ( RTK), American Pacific Corporation ( APFC), Synthesis Energy Sys Inc ( SYMX), and Pacific Ethanol Inc ( PEIX) were all winners today within the chemicals industry with Sociedad Quimica Y Minera De Chile ( SQM) being today's featured chemicals winner. Sociedad Quimica Y Minera De Chile rose 32 cents (0.6%) to $55.08 on average volume. Throughout the day, 969,099 shares of Sociedad Quimica Y Minera De Chile exchanged hands as compared to its average daily volume of 771,600 shares.

Chemical & Mining Co. of Chile Inc. engages in the production and sale of fertilizers and specialty chemicals in Chile and internationally. Sociedad Quimica Y Minera De Chile has a market cap of $14 billion and is part of the basic materials sector. The company has a P/E ratio of 36.6, above the average chemicals industry P/E ratio of 31.5 and above the S&P 500 P/E ratio of 17.7. Shares are down 6.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates Sociedad Quimica Y Minera De Chile as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Gushan Environmental Energy ( GU), Ferro ( FOE), Omnova Solutions Inc ( OMN), and Gevo Inc ( GEVO) were all losers within the chemicals industry with Monsanto Company ( MON) being today's chemicals industry Loser Spotlight stock.

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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