Huntsman Corporation (HUN): 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.

Huntsman Corporation ( HUN) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day down 0.6%. By the end of trading, Huntsman Corporation rose 22 cents (1.2%) to $19.26 on average volume. Throughout the day, 4.3 million shares of Huntsman Corporation exchanged hands as compared to its average daily volume of 4.6 million shares. The stock ranged in a price between $18.62-$19.29 after having opened the day at $18.78 as compared to the previous trading day's close of $19.04. Other companies within the Chemicals industry that increased today were: Senomyx ( SNMX), up 7.3%, Methanex Corporation ( MEOH), up 4.6%, Ikonics Corporation ( IKNX), up 3.3%, and Gevo ( GEVO), up 2.1%.
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Huntsman Corporation and its subsidiaries engage in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments. Huntsman Corporation has a market cap of $4.6 billion and is part of the basic materials sector. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7. Shares are up 19.8% year to date as of the close of trading on Friday. Currently there is one analyst that rates Huntsman Corporation a buy, one analyst rates it a sell, and seven 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, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Lightbridge ( LTBR), down 5.3%, Pacific Ethanol ( PEIX), down 4.8%, Synthesis Energy Sys ( SYMX), down 3.8%, and LSB Industries ( LXU), down 3.1%, were all laggards within the chemicals industry with Monsanto Company ( MON) 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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