5 Chemicals Stocks Nudging The Industry Higher

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 14 points (0.1%) at 15,368 as of Monday, May 20, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,885 issues advancing vs. 1,048 declining with 118 unchanged.

The Chemicals industry currently sits up 0.5% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Mosaic ( MOS), up 1.15. On the negative front, top decliners within the industry include Valhi ( VHI), down 2.32, Sherwin-Williams Company ( SHW), down 0.85 and PPG Industries ( PPG), down 0.81.

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

5. Westlake Chemical Corporation ( WLK) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Westlake Chemical Corporation is up $1.35 (1.46) to $93.84 on average volume Thus far, 272,000 shares of Westlake Chemical Corporation exchanged hands as compared to its average daily volume of 607,200 shares. The stock has ranged in price between $91.94-$94.98 after having opened the day at $92.58 as compared to the previous trading day's close of $92.49.

Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates in two segments, Olefins and Vinyls. Westlake Chemical Corporation has a market cap of $6.0 billion and is part of the basic materials sector. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7. Shares are up 16.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Westlake Chemical Corporation a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Westlake Chemical 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, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Westlake Chemical Corporation Ratings Report now.

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4. As of noon trading, Williams Partners ( WPZ) is up $0.56 (1.08) to $52.62 on light volume Thus far, 286,729 shares of Williams Partners exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $52.00-$52.76 after having opened the day at $52.04 as compared to the previous trading day's close of $52.06.

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in two segments, Gas Pipeline and Midstream Gas & Liquids. Williams Partners has a market cap of $21.0 billion and is part of the basic materials sector. The company has a P/E ratio of 33.0, above the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Williams Partners a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Williams Partners as a buy. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Williams Partners Ratings Report now.

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3. As of noon trading, Huntsman Corporation ( HUN) is up $0.54 (2.77) to $20.03 on average volume Thus far, 2.4 million shares of Huntsman Corporation exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $19.49-$20.14 after having opened the day at $19.49 as compared to the previous trading day's close of $19.49.

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 25.7, above the S&P 500 P/E ratio of 17.7. Shares are up 22.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Huntsman Corporation a buy, 1 analyst rates it a sell, and 7 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 reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Huntsman Corporation Ratings Report now.

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2. As of noon trading, Air Products & Chemicals ( APD) is up $0.80 (0.85) to $95.13 on average volume Thus far, 606,868 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $94.06-$95.41 after having opened the day at $94.08 as compared to the previous trading day's close of $94.33.

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. Air Products & Chemicals has a market cap of $19.3 billion and is part of the basic materials sector. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 12.3% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Air Products & Chemicals a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Air Products & Chemicals as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Air Products & Chemicals Ratings Report now.

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1. As of noon trading, E.I. du Pont de Nemours & Company ( DD) is up $0.27 (0.48) to $56.16 on light volume Thus far, 1.8 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $55.66-$56.25 after having opened the day at $55.87 as compared to the previous trading day's close of $55.89.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $51.1 billion and is part of the basic materials sector. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7. Shares are up 24.3% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate E.I. du Pont de Nemours & Company a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full E.I. du Pont de Nemours & Company 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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