5 Stocks Dragging In The Chemicals Industry

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 19 points (-0.1%) at 15,282 as of Wednesday, July 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,222 issues advancing vs. 1,685 declining with 126 unchanged.

The Chemicals industry currently is unchanged today versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Sociedad Quimica Y Minera De Chile ( SQM), up 1.6%.

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

5. Agrium ( AGU) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Agrium is down $1.14 (-1.2%) to $90.54 on light volume. Thus far, 326,218 shares of Agrium exchanged hands as compared to its average daily volume of 922,300 shares. The stock has ranged in price between $90.30-$92.09 after having opened the day at $91.94 as compared to the previous trading day's close of $91.68.

Agrium Inc. engages in the retail of agricultural products and services. The company operates through three segments: Retail, Wholesale, and Advanced Technologies. Agrium has a market cap of $13.4 billion and is part of the basic materials sector. Shares are down 9.9% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Agrium a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Agrium as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Agrium 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, Eastman Chemical Company ( EMN) is down $0.63 (-0.9%) to $72.80 on light volume. Thus far, 393,361 shares of Eastman Chemical Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $72.56-$73.77 after having opened the day at $73.42 as compared to the previous trading day's close of $73.43.

Eastman Chemical Company, a specialty chemical company, engages in the manufacture and sale of chemicals, plastics, and fibers in the United States and internationally. Eastman Chemical Company has a market cap of $11.3 billion and is part of the basic materials sector. Shares are up 7.9% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Eastman Chemical Company a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Eastman Chemical Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Eastman Chemical Company 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 $0.95 (-1.7%) to $55.50 on average volume. Thus far, 1.9 million shares of Mosaic exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $55.25-$56.77 after having opened the day at $56.30 as compared to the previous trading day's close of $56.45.

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. Mosaic has a market cap of $16.2 billion and is part of the basic materials sector. Shares are down 0.3% year to date as of the close of trading on Tuesday. 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 and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. 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, CF Industries Holdings ( CF) is down $1.49 (-0.8%) to $179.71 on light volume. Thus far, 320,064 shares of CF Industries Holdings exchanged hands as compared to its average daily volume of 985,700 shares. The stock has ranged in price between $178.81-$182.46 after having opened the day at $181.35 as compared to the previous trading day's close of $181.20.

CF Industries Holdings, Inc. manufactures and distributes nitrogen and phosphate fertilizer products worldwide. It operates in two segments, Nitrogen and Phosphate. CF Industries Holdings has a market cap of $10.5 billion and is part of the basic materials sector. Shares are down 10.8% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate CF Industries Holdings a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates CF Industries Holdings as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full CF Industries Holdings 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, Potash Corporation of Saskatchewan ( POT) is down $0.25 (-0.6%) to $38.90 on heavy volume. Thus far, 3.5 million shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $38.85-$39.46 after having opened the day at $39.31 as compared to the previous trading day's close of $39.15.

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 $33.4 billion and is part of the basic materials sector. Shares are down 2.9% year to date as of the close of trading on Tuesday. 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, 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. 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.

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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