E.I. Du Pont De Nemours & Company (DD): Today's Featured Chemicals Winner

E.I. du Pont de Nemours & Company ( DD) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 1%. By the end of trading, E.I. du Pont de Nemours & Company rose 69 cents (1.4%) to $50.24 on heavy volume. Throughout the day, 7.3 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in a price between $49.57-$50.35 after having opened the day at $49.87 as compared to the previous trading day's close of $49.55. Other companies within the Chemicals industry that increased today were: Clean Diesel Technologies ( CDTI), up 7.6%, Flexible Solutions International ( FSI), up 7.4%, China Green Agriculture ( CGA), up 6.2%, and TPC Group ( TPCG), up 5.2%.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides hybrid corn and soybean seeds, and grains under the Pioneer brand name; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $46.02 billion and is part of the basic materials sector. The company has a P/E ratio of 13.2, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 3.4% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate E.I. du Pont de Nemours & Company a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front, Cereplast ( CERP), down 15%, BioFuel Energy Corporation ( BIOF), down 7.5%, Terra Nitrogen Company L.P ( TNH), down 2.8%, and GSE ( GSE), down 2.7%, were all losers within the chemicals industry with Valspar Corporation ( VAL) 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).
null

If you liked this article you might like

Why Bayer's $66 Billion Takeover of Monsanto Probably Won't Happen Until 2018

DowDupont Closes Higher in First Day of Trading, Company Still Faces Challenges

Apple Is the Tom Brady of Stocks: Cramer's 'Mad Money' Recap (Thursday 8/31/17)

FMC Stock's Impressive Rally Has Another 20% to Gain: Jim Cramer

Jim Cramer on Why FMC Was Upgraded by Bank of America