FMC Corporation (FMC): Today's Featured Chemicals Winner

FMC Corporation ( FMC) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day down 0.9%. By the end of trading, FMC Corporation rose 59 cents (1.1%) to $53.16 on average volume. Throughout the day, 1.2 million shares of FMC Corporation exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $52.19-$53.40 after having opened the day at $52.61 as compared to the previous trading day's close of $52.57. Other companies within the Chemicals industry that increased today were: Ceres ( CERE), up 9.9%, Lizhan Environmental ( LZEN), up 8.9%, Hawkins ( HWKN), up 2.9%, and KMG Chemicals ( KMG), up 2.8%.

FMC Corporation, a diversified chemical company, provides solutions and products for agricultural, consumer, and industrial markets. The company operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. FMC Corporation has a market cap of $7.36 billion and is part of the basic materials sector. The company has a P/E ratio of 18.1, below the average chemicals industry P/E ratio of 19.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 22.2% year to date as of the close of trading on Friday. Currently there are six analysts that rate FMC Corporation a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates FMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Tronox ( TROX), down 17.6%, Cereplast ( CERP), down 13.2%, Kronos Worldwide ( KRO), down 8.6%, and Solazyme ( SZYM), down 6.2%, were all losers within the chemicals industry with Dow Chemical ( DOW) 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).
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