Potash Corporation Of Saskatchewan Inc. (POT): Today's Featured Chemicals Laggard

Potash Corporation of Saskatchewan ( POT) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day up 1.3%. By the end of trading, Potash Corporation of Saskatchewan fell $0.53 (-1.4%) to $37.60 on heavy volume. Throughout the day, 8,161,971 shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 4,329,400 shares. The stock ranged in price between $37.50-$38.46 after having opened the day at $38.33 as compared to the previous trading day's close of $38.13. Other companies within the Chemicals industry that declined today were: Pacific Ethanol ( PEIX), down 6.0%, Valhi ( VHI), down 3.0%, CVR Partners ( UAN), down 2.8% and Methes Energies International ( MEIL), down 2.7%.

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 $33.6 billion and is part of the basic materials sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are down 6.3% year to date as of the close of trading on Friday. Currently there are 10 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, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Synthesis Energy Sys ( SYMX), up 13.3%, REX American Resources ( REX), up 11.2%, Ikonics Corporation ( IKNX), up 5.7% and Gevo ( GEVO), up 5.4% , were all gainers within the chemicals industry with Dow Chemical ( DOW) being today's featured chemicals industry leader.

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).

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