E.I. Du Pont De Nemours & Company (DD): Today's Featured Basic Materials Loser

E.I. du Pont de Nemours & Company ( DD) pushed the Basic Materials sector lower today making it today's featured Basic Materials loser. The sector as a whole closed the day down 0.7%. By the end of trading, E.I. du Pont de Nemours & Company fell $1.43 (-2.9%) to $47.47 on heavy volume. Throughout the day, 9.3 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 price between $47.40-$48.80 after having opened the day at $48.74 as compared to the previous trading day's close of $48.90. Other company's within the Basic Materials sector that declined today were: Patriot Coal Corporation ( PCX), down 35.2%, James River Coal Company ( JRCC), down 18.9%, Tronox ( TROX), down 17.6%, and Cereplast ( CERP), down 13.2%.

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 $46.49 billion and is part of the chemicals industry. The company has a P/E ratio of 13.3, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 6.8% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate E.I. du Pont de Nemours & Company a buy, no analysts rate it a sell, and six 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 positive front, WSP Holdings ( WH), up 12.8%, Atlatsa Resources ( ATL), up 11%, Ceres ( CERE), up 9.9%, and Lizhan Environmental ( LZEN), up 8.9%, were all gainers within the basic materials sector with National Oilwell Varco ( NOV) being today's featured basic materials sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).

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