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 modelLyondellBasell Industries ( LYB) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.6%. By the end of trading, LyondellBasell Industries rose $1.01 (1.5%) to $66.79 on light volume. Throughout the day, 3,109,703 shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 4,296,900 shares. The stock ranged in a price between $65.84-$67.59 after having opened the day at $66.25 as compared to the previous trading day's close of $65.78. Other companies within the Chemicals industry that increased today were: Gulf Resources ( GURE), up 15.2%, Aceto Corporation ( ACET), up 5.4%, Flexible Solutions International ( FSI), up 4.5% and Ceres ( CERE), up 4.0%.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
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 $38.7 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 17.7% year to date as of the close of trading on Wednesday. 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.