3 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

Two out of the three major indices are trading up 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 3 stocks pushing the industry lower today:

3. Williams Partners ( WPZ) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Williams Partners is down $0.54 (-1.1%) to $50.02 on light volume Thus far, 145,965 shares of Williams Partners exchanged hands as compared to its average daily volume of 632,900 shares. The stock has ranged in price between $50.02-$50.55 after having opened the day at $50.34 as compared to the previous trading day's close of $50.56.

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 $18.0 billion and is part of the basic materials sector. The company has a P/E ratio of 20.0, above the S&P 500 P/E ratio of 17.7. Shares are down 15.7% year to date as of the close of trading on Monday. 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.

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2. As of noon trading, Huntsman Corporation ( HUN) is down $0.26 (-1.6%) to $16.34 on light volume Thus far, 1.0 million shares of Huntsman Corporation exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $16.31-$16.50 after having opened the day at $16.50 as compared to the previous trading day's close of $16.60.

Huntsman Corporation engages in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. Huntsman Corporation has a market cap of $4.0 billion and is part of the basic materials sector. The company has a P/E ratio of 7.9, below the S&P 500 P/E ratio of 17.7. Shares are up 67.1% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Huntsman Corporation a buy, no analysts rate it a sell, and 5 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 solid stock price performance, 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 generally high debt management risk by most measures that we evaluated. Get the full Huntsman Corporation Ratings Report now.

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1. As of noon trading, LyondellBasell Industries ( LYB) is down $0.15 (-0.3%) to $47.85 on light volume Thus far, 1.1 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $47.32-$48.15 after having opened the day at $47.97 as compared to the previous trading day's close of $48.00.

LyondellBasell Industries N.V. manufacturers and sells chemicals and polymers, refines crude oil, produces gasoline blending components, and develops and licenses technologies for the production of polymers. LyondellBasell Industries has a market cap of $28.0 billion and is part of the basic materials sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 47.7% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate LyondellBasell Industries a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates LyondellBasell Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full LyondellBasell Industries 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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