LyondellBasell Industries NV (LYB): 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.

LyondellBasell Industries ( LYB) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.2%. By the end of trading, LyondellBasell Industries rose 73 cents (1.3%) to $59.14 on light volume. Throughout the day, 2.3 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 4.6 million shares. The stock ranged in a price between $57.76-$59.15 after having opened the day at $58.01 as compared to the previous trading day's close of $58.41. Other companies within the Chemicals industry that increased today were: Pure Bioscience ( PURE), up 13.8%, Synthesis Energy Sys ( SYMX), up 9.4%, Lightbridge ( LTBR), up 8%, and American Pacific Corporation ( APFC), up 7.3%.
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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 $33.15 billion and is part of the basic materials sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 1% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate LyondellBasell Industries a buy, no analysts rate it a sell, and three 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.

On the negative front, Ferro ( FOE), down 15.3%, BioFuel Energy Corporation ( BIOF), down 8.4%, Green Plains Renewable Energy ( GPRE), down 3%, and Flexible Solutions International ( FSI), down 2.7%, were all laggards within the chemicals industry with Agrium ( AGU) 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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