5 Chemicals Stocks On The Rise

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 142 points (1.0%) at 14,816 as of Wednesday, April 10, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,253 issues advancing vs. 654 declining with 139 unchanged.

The Chemicals industry currently sits up 0.7% versus the S&P 500, which is up 1.2%. Top gainers within the industry include Braskem ( BAK), up 4.0%, Dow Chemical ( DOW), up 1.1% and Praxair ( PX), up 0.9%. A company within the industry that fell today was Sociedad Quimica Y Minera De Chile ( SQM), up 1.56.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. NewMarket Corporation ( NEU) is one of the companies pushing the Chemicals industry higher today. As of noon trading, NewMarket Corporation is up $9.85 (3.74) to $273.11 on average volume Thus far, 27,971 shares of NewMarket Corporation exchanged hands as compared to its average daily volume of 56,000 shares. The stock has ranged in price between $263.74-$273.92 after having opened the day at $263.74 as compared to the previous trading day's close of $263.26.

NewMarket Corporation, through its subsidiaries, engages in the petroleum additives and real estate development businesses. It operates in two segments, Petroleum Additives and Real Estate Development. NewMarket Corporation has a market cap of $3.5 billion and is part of the basic materials sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates NewMarket 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, revenue growth and notable return on equity. 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 NewMarket Corporation Ratings Report now.

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4. As of noon trading, Sigma-Aldrich Corporation ( SIAL) is up $1.06 (1.40) to $76.71 on average volume Thus far, 298,815 shares of Sigma-Aldrich Corporation exchanged hands as compared to its average daily volume of 608,800 shares. The stock has ranged in price between $75.32-$76.72 after having opened the day at $75.56 as compared to the previous trading day's close of $75.65.

Sigma-Aldrich Corporation, a life science and high technology company, develops, manufactures, purchases, and distributes various chemicals, biochemicals, and equipment worldwide. Sigma-Aldrich Corporation has a market cap of $9.1 billion and is part of the basic materials sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 2.8% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Sigma-Aldrich Corporation 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, growth in earnings per share, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Sigma-Aldrich Corporation Ratings Report now.

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3. As of noon trading, Sherwin-Williams Company ( SHW) is up $1.45 (0.87) to $167.79 on light volume Thus far, 197,124 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 749,000 shares. The stock has ranged in price between $165.72-$167.79 after having opened the day at $166.46 as compared to the previous trading day's close of $166.34.

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 America, South America, Europe, Asia, and the Caribbean region. Sherwin-Williams Company has a market cap of $17.1 billion and is part of the basic materials sector. The company has a P/E ratio of 27.5, above the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Tuesday.

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, notable return on equity and good cash flow from operations. 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, Potash Corporation of Saskatchewan ( POT) is up $0.32 (0.82) to $40.08 on average volume Thus far, 1.7 million shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $39.75-$40.18 after having opened the day at $39.82 as compared to the previous trading day's close of $39.75.

Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. Potash Corporation of Saskatchewan has a market cap of $34.3 billion and is part of the basic materials sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Potash Corporation of Saskatchewan as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Potash Corporation of Saskatchewan Ratings Report now.

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1. As of noon trading, PPG Industries ( PPG) is up $1.51 (1.14) to $134.16 on light volume Thus far, 519,570 shares of PPG Industries exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $132.82-$134.16 after having opened the day at $133.27 as compared to the previous trading day's close of $132.65.

PPG Industries, Inc. operates as a coatings and specialty products company. PPG Industries has a market cap of $18.8 billion and is part of the basic materials sector. The company has a P/E ratio of 21.7, above the S&P 500 P/E ratio of 17.7. Shares are down 2.0% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates PPG Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full PPG 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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