4 Chemicals Stocks Moving The Industry Upward

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 79 points (0.5%) at 15,467 as of Wednesday, May 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,746 issues advancing vs. 1,183 declining with 133 unchanged.

The Chemicals industry currently sits up 0.1% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Air Products & Chemicals ( APD), up 1.1%, and Eastman Chemical Company ( EMN), up 1.0%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. W. R. Grace ( GRA) is one of the companies pushing the Chemicals industry higher today. As of noon trading, W. R. Grace is up $1.67 (2.08) to $81.93 on average volume Thus far, 404,593 shares of W. R. Grace exchanged hands as compared to its average daily volume of 553,400 shares. The stock has ranged in price between $80.51-$82.58 after having opened the day at $80.52 as compared to the previous trading day's close of $80.26.

W.R. Grace & Co. engages in the production and sale of specialty chemicals and materials worldwide. W. R. Grace has a market cap of $6.1 billion and is part of the basic materials sector. The company has a P/E ratio of 72.0, above the S&P 500 P/E ratio of 17.7. Shares are up 19.4% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate W. R. Grace a buy, no analysts rate it a sell, and 1 rates it a hold.

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.

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3. As of noon trading, Celanese Corporation ( CE) is up $0.84 (1.68) to $50.84 on average volume Thus far, 672,095 shares of Celanese Corporation exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $49.59-$51.12 after having opened the day at $49.83 as compared to the previous trading day's close of $50.00.

Celanese Corporation engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. The company operates in four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. Celanese Corporation has a market cap of $7.9 billion and is part of the basic materials sector. The company has a P/E ratio of 14.2, below 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 Tuesday. Currently there are 9 analysts that rate Celanese Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Celanese Corporation as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year 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 Celanese Corporation Ratings Report now.

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2. As of noon trading, CF Industries Holdings ( CF) is up $2.91 (1.54) to $191.44 on average volume Thus far, 509,093 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 $187.76-$192.68 after having opened the day at $188.57 as compared to the previous trading day's close of $188.53.

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 $11.4 billion and is part of the basic materials sector. The company has a P/E ratio of 6.5, below the S&P 500 P/E ratio of 17.7. Shares are down 7.2% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate CF Industries Holdings a buy, 1 analyst rates it a sell, and 7 rate it a hold.

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, expanding profit margins, good cash flow from operations and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full CF Industries Holdings Ratings Report now.

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1. As of noon trading, LyondellBasell Industries ( LYB) is up $0.74 (1.12) to $66.59 on light volume Thus far, 1.2 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $65.53-$67.05 after having opened the day at $65.59 as compared to the previous trading day's close of $65.85.

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 $38.5 billion and is part of the basic materials sector. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7. Shares are up 15.3% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate LyondellBasell Industries a buy, no analysts rate it a sell, and 2 rate it a hold.

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, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LyondellBasell Industries Ratings Report now.

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If you are interested in one of these 4 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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