Air Products & Chemicals Inc (APD): Today's Featured Chemicals Winner

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

Air Products & Chemicals ( APD) 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, Air Products & Chemicals rose $1.06 (1.1%) to $94.61 on average volume. Throughout the day, 1,859,574 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1,291,200 shares. The stock ranged in a price between $93.92-$94.83 after having opened the day at $94.22 as compared to the previous trading day's close of $93.55. Other companies within the Chemicals industry that increased today were: Ceres ( CERE), up 7.0%, Valhi ( VHI), up 5.2%, Rentech ( RTK), up 4.1% and NL Industries ( NL), up 3.9%.
  • 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.

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 11.3% year to date as of the close of trading on Monday. Currently there are 7 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, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, American Vanguard Corporation ( AVD), down 16.4%, Methes Energies International ( MEIL), down 15.4%, Gevo ( GEVO), down 8.1% and Verenium Corporation ( VRNM), down 3.4%.

For investors not wanting singular stock exposure, 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).

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

If you liked this article you might like

One of the Most Recognized Hedge Fund Managers Has Had a Terrible Year

Beleaguered Hedge Fund Titan Bill Ackman Is Having Another Rough Year

ADP Rejects Ackman Demands as It Performs Seven Times Better Than He Does

Versum Materials: Cramer's Top Takeaways