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

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.

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 2.6%. By the end of trading, E.I. du Pont de Nemours & Company rose 98 cents (2.3%) to $42.93 on average volume. Throughout the day, 5.8 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 5.7 million shares. The stock ranged in a price between $42.39-$43 after having opened the day at $42.52 as compared to the previous trading day's close of $41.95. Other companies within the Chemicals industry that increased today were: Cereplast ( CERP), up 18.8%, Kraton Performance Polymers ( KRA), up 8.2%, Rentech Nitrogen Partners ( RNF), up 6.1%, and Altair Nanotechnologies ( ALTI), up 5.9%.
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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 $39.26 billion and is part of the basic materials sector. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are down 8% year to date as of the close of trading on Friday. Currently there are seven analysts that rate E.I. du Pont de Nemours & Company a buy, no analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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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