PPG, MOS, POT And DOW, Pushing Chemicals Industry Downward

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 65 points (-0.4%) at 15,111 as of Friday, June 14, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Chemicals industry currently sits down 0.31 versus the S&P 500, which is down 0.25.

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

4. PPG Industries ( PPG) is one of the companies pushing the Chemicals industry lower today. As of noon trading, PPG Industries is down $1.59 (-1.0%) to $153.68 on light volume Thus far, 243,331 shares of PPG Industries exchanged hands as compared to its average daily volume of 839,800 shares. The stock has ranged in price between $153.11-$155.72 after having opened the day at $154.37 as compared to the previous trading day's close of $155.27.

PPG Industries, Inc. operates as a coatings and specialty products company. PPG Industries has a market cap of $21.5 billion and is part of the basic materials sector. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 14.7% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate PPG Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates PPG Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, expanding profit margins, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full PPG Industries Ratings Report now.

STOCKS TO BUY: 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, Mosaic ( MOS) is down $0.63 (-1.1%) to $58.07 on light volume Thus far, 710,192 shares of Mosaic exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $57.66-$58.68 after having opened the day at $58.39 as compared to the previous trading day's close of $58.70.

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. Mosaic has a market cap of $17.0 billion and is part of the basic materials sector. The company has a P/E ratio of 13.2, below the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Thursday. 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.

STOCKS TO BUY: 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, Potash Corporation of Saskatchewan ( POT) is down $0.33 (-0.8%) to $40.45 on light volume Thus far, 1.5 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 $40.21-$40.91 after having opened the day at $40.60 as compared to the previous trading day's close of $40.78.

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 $35.0 billion and is part of the basic materials sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 0.2% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Potash Corporation of Saskatchewan a buy, 2 analysts rate it a sell, and 5 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.

STOCKS TO BUY: 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, Dow Chemical ( DOW) is down $0.44 (-1.3%) to $34.20 on light volume Thus far, 1.9 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 7.7 million shares. The stock has ranged in price between $34.14-$34.78 after having opened the day at $34.52 as compared to the previous trading day's close of $34.65.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $40.9 billion and is part of the basic materials sector. The company has a P/E ratio of 41.2, above the S&P 500 P/E ratio of 17.7. Shares are up 7.2% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Dow Chemical a buy, 4 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Dow Chemical as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Dow Chemical Ratings Report now.

STOCKS TO BUY: 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 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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