1. As of noon trading, Dow Chemical ( DOW) is down $1.92 (-5.5%) to $32.70 on heavy volume Thus far, 12.2 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $32.00-$33.15 after having opened the day at $32.24 as compared to the previous trading day's close of $34.61. 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 $41.3 billion and is part of the chemicals industry. The company has a P/E ratio of 26.9, above the S&P 500 P/E ratio of 17.7. Shares are up 7.4% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Dow Chemical a buy, 4 analysts rate it a sell, and 13 rate it a hold. TheStreet Ratings rates Dow Chemical as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. 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. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector 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.