5 Stocks Underperforming Today In The Chemicals Industry

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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 4 points (0.0%) at 14,823 as of Tuesday, April 30, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,672 issues advancing vs. 1,218 declining with 158 unchanged.

The Chemicals industry currently is unchanged today versus the S&P 500, which is unchanged. A company within the industry that increased today was Braskem ( BAK), up 2.72.

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

5. Agrium ( AGU) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Agrium is down $2.05 (-2.2%) to $90.86 on average volume Thus far, 752,878 shares of Agrium exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $90.20-$92.89 after having opened the day at $92.70 as compared to the previous trading day's close of $92.91.

Agrium Inc. engages in the retail of agricultural products and services. The company operates through three segments: Retail, Wholesale, and Advanced Technologies. Agrium has a market cap of $13.8 billion and is part of the basic materials sector. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7. Shares are down 8.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates Agrium as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Agrium Ratings Report now.

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4. As of noon trading, Eastman Chemical Company ( EMN) is down $1.00 (-1.5%) to $67.28 on average volume Thus far, 789,468 shares of Eastman Chemical Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $66.69-$68.26 after having opened the day at $68.11 as compared to the previous trading day's close of $68.27.

Eastman Chemical Company, a specialty chemical company, engages in the manufacture and sale of chemicals, plastics, and fibers in the United States and internationally. Eastman Chemical Company has a market cap of $11.3 billion and is part of the basic materials sector. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 1.4% year to date as of the close of trading on Monday.

TheStreet Ratings rates Eastman Chemical Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, solid stock price performance, growth in earnings per share and increase in net income. 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 Eastman Chemical Company Ratings Report now.

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3. As of noon trading, Praxair ( PX) is down $0.68 (-0.6%) to $113.70 on average volume Thus far, 716,935 shares of Praxair exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $113.68-$114.67 after having opened the day at $114.01 as compared to the previous trading day's close of $114.38.

Praxair, Inc. engages in the production, distribution, and sale of atmospheric and process gases, and surface coatings in North America, Europe, South America, and Asia. Praxair has a market cap of $33.4 billion and is part of the basic materials sector. The company has a P/E ratio of 20.4, above 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 Monday.

TheStreet Ratings rates Praxair as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Praxair Ratings Report now.

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2. As of noon trading, CF Industries Holdings ( CF) is down $2.30 (-1.2%) to $186.50 on light volume Thus far, 306,109 shares of CF Industries Holdings exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $186.00-$188.92 after having opened the day at $188.83 as compared to the previous trading day's close of $188.80.

CF Industries Holdings, Inc. manufactures and distributes nitrogen and phosphate fertilizer products worldwide. It operates in two segments, Nitrogen and Phosphate. CF Industries Holdings has a market cap of $11.6 billion and is part of the basic materials sector. The company has a P/E ratio of 6.7, below the S&P 500 P/E ratio of 17.7. Shares are down 8.6% year to date as of the close of trading on Monday.

TheStreet Ratings rates CF Industries Holdings as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full CF Industries Holdings Ratings Report now.

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1. As of noon trading, LyondellBasell Industries ( LYB) is down $0.86 (-1.4%) to $60.60 on light volume Thus far, 1.1 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $60.51-$61.49 after having opened the day at $61.44 as compared to the previous trading day's close of $61.46.

LyondellBasell Industries N.V., together with its subsidiaries, manufacturers and sells chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for the production of polymers. LyondellBasell Industries has a market cap of $35.1 billion and is part of the basic materials sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Monday.

TheStreet Ratings rates LyondellBasell Industries 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LyondellBasell Industries 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.

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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