5 Chemicals Stocks Pushing Industry Growth

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 46 points (-0.3%) at 15,208 as of Tuesday, June 4, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,093 issues advancing vs. 1,832 declining with 114 unchanged.

The Chemicals industry currently sits down 0.41 versus the S&P 500, which is down 0.24. A company within the industry that increased today was Williams Partners ( WPZ), up 0.57.

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

5. Air Products & Chemicals ( APD) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Air Products & Chemicals is up $0.52 (0.55) to $95.29 on average volume Thus far, 519,336 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 $94.34-$95.50 after having opened the day at $94.61 as compared to the previous trading day's close of $94.77.

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 $19.7 billion and is part of the basic materials sector. The company has a P/E ratio of 19.0, above the S&P 500 P/E ratio of 17.7. Shares are up 12.4% year to date as of the close of trading on Monday. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Praxair ( PX) is up $0.83 (0.72) to $116.34 on light volume Thus far, 422,803 shares of Praxair exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $115.20-$116.47 after having opened the day at $115.30 as compared to the previous trading day's close of $115.51.

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 $33.8 billion and is part of the basic materials sector. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7. Shares are up 4.5% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Praxair a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Praxair as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, 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 Praxair Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Potash Corporation of Saskatchewan ( POT) is up $0.14 (0.34) to $41.82 on average volume Thus far, 2.4 million shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $41.45-$41.94 after having opened the day at $41.54 as compared to the previous trading day's close of $41.68.

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 $36.4 billion and is part of the basic materials sector. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 2.4% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Potash Corporation of Saskatchewan a buy, 1 analyst rates it a sell, and 6 rate it a hold.

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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Mosaic ( MOS) is up $0.83 (1.36) to $61.81 on light volume Thus far, 1.1 million shares of Mosaic exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $60.78-$62.09 after having opened the day at $60.88 as compared to the previous trading day's close of $60.98.

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. Mosaic has a market cap of $18.1 billion and is part of the basic materials sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 7.4% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Mosaic a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Mosaic 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 and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Mosaic Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, LyondellBasell Industries ( LYB) is up $0.72 (1.07) to $68.03 on light volume Thus far, 1.5 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $67.09-$68.46 after having opened the day at $67.09 as compared to the previous trading day's close of $67.31.

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 $38.4 billion and is part of the basic materials sector. The company has a P/E ratio of 12.1, below the S&P 500 P/E ratio of 17.7. Shares are up 16.7% year to date as of the close of trading on Monday. Currently there are 11 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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