Dow Chemical Co (DOW): Today's Featured Chemicals Winner

Dow Chemical ( DOW) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 3.3%. By the end of trading, Dow Chemical rose $1.07 (3.6%) to $30.52 on average volume. Throughout the day, 8.7 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 9.1 million shares. The stock ranged in a price between $29.27-$30.60 after having opened the day at $29.37 as compared to the previous trading day's close of $29.45. Other companies within the Chemicals industry that increased today were: Terra Nitrogen Company L.P ( TNH), up 13.2%, Synthesis Energy Sys ( SYMX), up 12.2%, Yongye International ( YONG), up 10%, and GSE ( GSE), up 9.9%.

The Dow Chemical Company manufactures and supplies chemical products used as raw materials in the manufacture of customer products and services worldwide. Dow Chemical has a market cap of $35.13 billion and is part of the conglomerates sector. The company has a P/E ratio of 15.8, equal to the average conglomerates industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Friday. Currently there are six analysts that rate Dow Chemical a buy, two analysts rate it a sell, and seven 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 good cash flow from operations, 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 has had sub par growth in net income.

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).

null

More from Markets

Stocks Dive Globally as U.S.-China Trade War Intensifies

Stocks Dive Globally as U.S.-China Trade War Intensifies

Global Oil Prices Mixed as OPEC Production Talks, China Tariffs Weigh on Markets

Global Oil Prices Mixed as OPEC Production Talks, China Tariffs Weigh on Markets

Cryptocurrencies Could 'Bring the Internet to a Halt', Central Bank Agency Warns

Cryptocurrencies Could 'Bring the Internet to a Halt', Central Bank Agency Warns

Volkswagen's Audi CEO Arrested in Diesel Emissions Probe

Volkswagen's Audi CEO Arrested in Diesel Emissions Probe

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know