4 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 45 points (0.3%) at 14,027 as of Tuesday, Feb. 19, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,918 issues advancing vs. 965 declining with 159 unchanged.

The Chemicals industry currently sits up 0.4% versus the S&P 500, which is up 0.5%. A company within the industry that increased today was Braskem ( BAK), up 7.7%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Celanese Corporation ( CE) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Celanese Corporation is down $0.92 (-1.8%) to $49.24 on average volume Thus far, 464,416 shares of Celanese Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $48.98-$50.45 after having opened the day at $50.09 as compared to the previous trading day's close of $50.16.

Celanese Corporation, a technology and specialty materials company, engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. Celanese Corporation has a market cap of $8.0 billion and is part of the basic materials sector. The company has a P/E ratio of 13.2, below the S&P 500 P/E ratio of 17.7. Shares are up 12.6% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Celanese Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Celanese Corporation 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 shows weak operating cash flow. Get the full Celanese Corporation Ratings Report now.

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3. As of noon trading, Sherwin-Williams Company ( SHW) is down $3.51 (-2.1%) to $163.19 on light volume Thus far, 320,338 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 915,100 shares. The stock has ranged in price between $163.16-$166.50 after having opened the day at $166.40 as compared to the previous trading day's close of $166.70.

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean region, Europe, and Asia. Sherwin-Williams Company has a market cap of $17.2 billion and is part of the basic materials sector. The company has a P/E ratio of 25.7, above the S&P 500 P/E ratio of 17.7. Shares are up 8.4% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Sherwin-Williams Company a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Sherwin-Williams Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Sherwin-Williams Company Ratings Report now.

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2. As of noon trading, Monsanto Company ( MON) is down $0.88 (-0.8%) to $102.63 on average volume Thus far, 1.1 million shares of Monsanto Company exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $102.28-$103.22 after having opened the day at $102.45 as compared to the previous trading day's close of $103.51.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $55.5 billion and is part of the basic materials sector. The company has a P/E ratio of 24.8, above the S&P 500 P/E ratio of 17.7. Shares are up 9.4% year to date as of the close of trading on Friday. 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Monsanto Company Ratings Report now.

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1. As of noon trading, PPG Industries ( PPG) is down $3.29 (-2.4%) to $136.10 on light volume Thus far, 662,692 shares of PPG Industries exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $135.96-$139.25 after having opened the day at $138.68 as compared to the previous trading day's close of $139.39.

PPG Industries, Inc. manufactures and supplies protective and decorative coatings. PPG Industries has a market cap of $19.9 billion and is part of the basic materials sector. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7. Shares are up 3.0% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate PPG Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates PPG Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full PPG Industries Ratings Report now.

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If you are interested in one of these 4 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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