BAK, WPZ, APD, PX And LYB, 5 Chemicals Stocks Pushing The Industry Lower

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Chemicals industry currently sits down 0.2% versus the S&P 500, which is up 0.4%. A company within the industry that increased today was Potash Corporation of Saskatchewan ( POT), up 1.0%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Braskem ( BAK) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Braskem is down $0.52 (-3.4%) to $14.81 on light volume. Thus far, 120,444 shares of Braskem exchanged hands as compared to its average daily volume of 352,200 shares. The stock has ranged in price between $14.77-$15.29 after having opened the day at $15.24 as compared to the previous trading day's close of $15.33.

Braskem S.A., together with its subsidiaries, produces and sells basic petrochemicals and thermoplastic resins in Brazil and internationally. It operates in three segments: Basic Petrochemicals, Polyolefins, and Vinyls. Braskem has a market cap of $5.9 billion and is part of the basic materials sector. The company has a P/E ratio of 8.6, below the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Braskem a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Braskem as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. Get the full Braskem 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.

4. As of noon trading, Williams Partners ( WPZ) is down $0.34 (-0.7%) to $51.69 on average volume. Thus far, 380,615 shares of Williams Partners exchanged hands as compared to its average daily volume of 877,600 shares. The stock has ranged in price between $51.65-$52.25 after having opened the day at $51.94 as compared to the previous trading day's close of $52.03.

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in two segments, Gas Pipeline and Midstream Gas & Liquids. Williams Partners has a market cap of $21.4 billion and is part of the basic materials sector. The company has a P/E ratio of 33.4, above the S&P 500 P/E ratio of 17.7. Shares are up 6.0% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Williams Partners a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Williams Partners as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Williams Partners 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, Air Products & Chemicals ( APD) is down $2.05 (-2.2%) to $91.46 on heavy volume. Thus far, 2.4 million shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $91.46-$93.60 after having opened the day at $92.13 as compared to the previous trading day's close of $93.51.

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 $19.1 billion and is part of the basic materials sector. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are up 9.0% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Air Products & Chemicals a buy, 1 analyst rates it a sell, and 9 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. Get the full Air Products & Chemicals 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, Praxair ( PX) is down $1.25 (-1.1%) to $115.48 on average volume. Thus far, 604,509 shares of Praxair exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $115.41-$116.55 after having opened the day at $116.49 as compared to the previous trading day's close of $116.73.

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 $34.1 billion and is part of the basic materials sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 6.7% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Praxair a buy, 1 analyst rates it a sell, and 5 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 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 Praxair 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, LyondellBasell Industries ( LYB) is down $0.36 (-0.5%) to $65.92 on average volume. Thus far, 2.3 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $65.32-$66.70 after having opened the day at $66.32 as compared to the previous trading day's close of $66.28.

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 $38.1 billion and is part of the basic materials sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 16.1% year to date as of the close of trading on Monday. 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, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full LyondellBasell 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.

If you are interested in one of these 3 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).

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