5 Stocks Pushing The Chemicals Industry Higher

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 12,949 as of Tuesday, Nov. 27, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,707 issues advancing vs. 1,183 declining with 148 unchanged.

The Chemicals industry currently sits up 0.3% versus the S&P 500, which is up 0.0%. A company within the industry that increased today was NewMarket Corporation ( NEU), up 4.2%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Westlake Chemical Corporation ( WLK) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Westlake Chemical Corporation is up $3.42 (5.1%) to $70.48 on light volume Thus far, 176,339 shares of Westlake Chemical Corporation exchanged hands as compared to its average daily volume of 510,300 shares. The stock has ranged in price between $70.47-$71.59 after having opened the day at $71.09 as compared to the previous trading day's close of $67.06.

Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates in two segments, Olefins and Vinyls. Westlake Chemical Corporation has a market cap of $5.1 billion and is part of the basic materials sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 85.8% year to date as of the close of trading on Monday. Currently there are no analysts that rate Westlake Chemical Corporation a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Westlake Chemical Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Westlake Chemical Corporation Ratings Report now.

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4. As of noon trading, Potash Corporation of Saskatchewan ( POT) is up $0.24 (0.6%) to $38.64 on light volume Thus far, 1.1 million shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $38.45-$38.74 after having opened the day at $38.48 as compared to the previous trading day's close of $38.40.

Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. Potash Corporation of Saskatchewan has a market cap of $33.1 billion and is part of the basic materials sector. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7. Shares are down 7.0% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Potash Corporation of Saskatchewan a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Potash Corporation of Saskatchewan 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 expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Potash Corporation of Saskatchewan Ratings Report now.

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3. As of noon trading, Mosaic ( MOS) is up $0.67 (1.3%) to $53.95 on light volume Thus far, 1.0 million shares of Mosaic exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $53.10-$53.98 after having opened the day at $53.11 as compared to the previous trading day's close of $53.28.

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. Mosaic has a market cap of $15.6 billion and is part of the basic materials sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 5.4% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Mosaic a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Mosaic 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 expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Mosaic Ratings Report now.

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2. As of noon trading, CF Industries Holdings ( CF) is up $1.37 (0.7%) to $209.75 on light volume Thus far, 207,803 shares of CF Industries Holdings exchanged hands as compared to its average daily volume of 944,800 shares. The stock has ranged in price between $207.76-$210.14 after having opened the day at $208.67 as compared to the previous trading day's close of $208.38.

CF Industries Holdings, Inc., through its subsidiary, CF Industries, Inc., manufactures and distributes nitrogen and phosphate fertilizer products, serving agricultural and industrial customers worldwide. It operates in two segments, Nitrogen and Phosphate. CF Industries Holdings has a market cap of $13.2 billion and is part of the basic materials sector. The company has a P/E ratio of 7.6, below the S&P 500 P/E ratio of 17.7. Shares are up 44.9% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate CF Industries Holdings a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates CF Industries Holdings as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CF Industries Holdings Ratings Report now.

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1. As of noon trading, Monsanto Company ( MON) is up $0.64 (0.7%) to $91.83 on light volume Thus far, 991,786 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 $91.12-$91.98 after having opened the day at $91.35 as compared to the previous trading day's close of $91.19.

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 $48.4 billion and is part of the basic materials sector. The company has a P/E ratio of 24.0, above the S&P 500 P/E ratio of 17.7. Shares are up 30.1% year to date as of the close of trading on Monday. 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, solid stock price performance and expanding profit margins. 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.

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If you are interested in one of these 5 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.

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