4 Stocks Pushing The Chemicals Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.2%) at 12,795 as of Monday, Nov. 12, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,283 issues advancing vs. 1,555 declining with 129 unchanged.

The Chemicals industry currently is unchanged today versus the S&P 500, which is down 0.1%. A company within the industry that increased today was Valhi Incorporated ( VHI), up 4.1%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Williams Partners ( WPZ) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Williams Partners is down $0.47 (-0.9%) to $50.15 on light volume Thus far, 208,456 shares of Williams Partners exchanged hands as compared to its average daily volume of 584,900 shares. The stock has ranged in price between $50.09-$51.00 after having opened the day at $50.95 as compared to the previous trading day's close of $50.62.

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids. It operates in two segments, Gas Pipeline and Midstream Gas & Liquids. Williams Partners has a market cap of $18.4 billion and is part of the basic materials sector. The company has a P/E ratio of 20.5, above the S&P 500 P/E ratio of 17.7. Shares are down 15.6% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Williams Partners a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Williams Partners as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Williams Partners Ratings Report now.

3. As of noon trading, Rockwood Holdings ( ROC) is down $1.46 (-3.2%) to $43.76 on heavy volume Thus far, 876,677 shares of Rockwood Holdings exchanged hands as compared to its average daily volume of 691,500 shares. The stock has ranged in price between $43.32-$45.32 after having opened the day at $45.31 as compared to the previous trading day's close of $45.22.

Rockwood Holdings, Inc. develops, manufactures, and markets specialty chemicals and materials for industrial and commercial applications primarily in Germany, the United States, and Europe. Rockwood Holdings has a market cap of $3.5 billion and is part of the basic materials sector. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are up 14.5% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Rockwood Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Rockwood Holdings as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Rockwood Holdings Ratings Report now.

2. As of noon trading, Monsanto Company ( MON) is down $0.66 (-0.8%) to $85.77 on light volume Thus far, 480,176 shares of Monsanto Company exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $85.75-$87.54 after having opened the day at $86.76 as compared to the previous trading day's close of $86.43.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $46.2 billion and is part of the basic materials sector. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 23.3% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Monsanto Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Monsanto Company as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Monsanto Company Ratings Report now.

1. As of noon trading, Dow Chemical ( DOW) is down $0.47 (-1.6%) to $28.89 on light volume Thus far, 1.8 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $28.88-$29.41 after having opened the day at $29.36 as compared to the previous trading day's close of $29.36.

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 $35.4 billion and is part of the conglomerates sector. The company has a P/E ratio of 22.9, above the S&P 500 P/E ratio of 17.7. Shares are up 2.1% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Dow Chemical a buy, 3 analysts rate it a sell, and 13 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 largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Dow Chemical Ratings Report now.

If you are interested in one of these 3 stocks, 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
null