Huntsman Corporation (HUN): Today's Featured Chemicals Winner

Huntsman Corporation ( HUN) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.6%. By the end of trading, Huntsman Corporation rose 48 cents (3.8%) to $13.13 on average volume. Throughout the day, 5.3 million shares of Huntsman Corporation exchanged hands as compared to its average daily volume of 5.4 million shares. The stock ranged in a price between $12.80-$13.49 after having opened the day at $12.86 as compared to the previous trading day's close of $12.65. Other companies within the Chemicals industry that increased today were: BioFuel Energy Corporation ( BIOF), up 15.5%, Landec Corporation ( LNDC), up 6.3%, Pacific Ethanol ( PEIX), up 6.1%, and Kronos Worldwide ( KRO), up 5.1%.

Huntsman Corporation engages in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. Huntsman Corporation has a market cap of $3 billion and is part of the basic materials sector. The company has a P/E ratio of 8.9, above the average chemicals industry P/E ratio of 8.7 and below the S&P 500 P/E ratio of 17.7. Shares are up 25.2% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate Huntsman Corporation a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Huntsman 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, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Kraton Performance Polymers ( KRA), down 9.9%, China Green Agriculture ( CGA), down 5.1%, Verenium Corporation ( VRNM), down 3.9%, and Cabot Corporation ( CBT), down 3.7%, were all laggards within the chemicals industry with LyondellBasell Industries ( LYB) being today's chemicals industry laggard.

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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