3 Stocks Pushing The Chemicals Industry Lower

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%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. CVR Partners ( UAN) is one of the companies pushing the Chemicals industry lower today. As of noon trading, CVR Partners is down $1.83 (-6.9%) to $24.53 on heavy volume Thus far, 6.3 million shares of CVR Partners exchanged hands as compared to its average daily volume of 164,800 shares. The stock has ranged in price between $24.37-$24.80 after having opened the day at $24.70 as compared to the previous trading day's close of $26.36.

CVR Partners, LP engages in the production, distribution, and marketing of nitrogen fertilizers in North America. Its nitrogen fertilizer products include ammonia and urea ammonium nitrate. CVR GP, LLC serves as the general partner of the company. CVR Partners has a market cap of $1.9 billion and is part of the basic materials sector. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates CVR Partners as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we find that net income has been generally deteriorating over time. Get the full CVR Partners Ratings Report now.

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2. As of noon trading, Potash Corporation of Saskatchewan ( POT) is down $0.43 (-1.0%) to $42.45 on average volume Thus far, 2.8 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 $42.26-$42.99 after having opened the day at $42.99 as compared to the previous trading day's close of $42.88.

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 $37.8 billion and is part of the basic materials sector. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 5.4% 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 revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Potash Corporation of Saskatchewan Ratings Report now.

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1. As of noon trading, Monsanto Company ( MON) is down $0.63 (-0.6%) to $105.96 on average volume Thus far, 1.6 million shares of Monsanto Company exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $104.94-$106.53 after having opened the day at $106.38 as compared to the previous trading day's close of $106.59.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $57.8 billion and is part of the basic materials sector. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7. Shares are up 12.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Monsanto Company 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, solid stock price performance, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Monsanto Company 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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