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%. A company within the industry that fell today was Sociedad Quimica Y Minera De Chile ( SQM), up 1.56. Top gainers within the industry include Braskem ( BAK), up 4.0%, Dow Chemical ( DOW), up 1.1% and Praxair ( PX), up 0.9%. TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today: 5. W. R. Grace ( GRA) is one of the companies pushing the Chemicals industry lower today. As of noon trading, W. R. Grace is down $2.11 (-2.8%) to $73.84 on heavy volume Thus far, 1.4 million shares of W. R. Grace exchanged hands as compared to its average daily volume of 538,500 shares. The stock has ranged in price between $72.00-$74.25 after having opened the day at $72.40 as compared to the previous trading day's close of $75.95. W.R. Grace & Co. engages in the production and sale of specialty chemicals and materials worldwide. W. R. Grace has a market cap of $5.8 billion and is part of the basic materials sector. The company has a P/E ratio of 61.9, above the S&P 500 P/E ratio of 17.7. Shares are up 13.0% year to date as of the close of trading on Tuesday. TheStreet Ratings rates W. R. Grace as a sell. Among the areas we feel are negative, one of the most important has been unimpressive growth in net income over time. Get the full W. R. Grace Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
Jefferies analysts note that recent construction spending data indicates a cycle rotation away from construction-exposed names and toward industrial- and durable goods-levered firms could be playing out.