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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.3%. By the end of trading, Air Products & Chemicals rose $2.77 (2.8%) to $100.65 on heavy volume. Throughout the day, 4,180,574 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1,590,700 shares. The stock ranged in a price between $97.89-$101.03 after having opened the day at $101.03 as compared to the previous trading day's close of $97.88. Other companies within the Chemicals industry that increased today were: Green Plains Renewable Energy ( GPRE), up 6.6%, BioFuel Energy Corporation ( BIOF), up 6.3%, American Pacific Corporation ( APFC), up 4.9% and Aceto Corporation ( ACET), up 4.8%.

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 $20.2 billion and is part of the basic materials sector. Shares are up 16.5% 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, increase in stock price during the past year, 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, REX American Resources ( REX), down 5.4%, Methes Energies International ( MEIL), down 4.6%, Ceres ( CERE), down 3.4% and Chemtura Corporation ( CHMT), down 2.6% , were all laggards within the chemicals industry with Potash Corporation of Saskatchewan ( POT) being today's chemicals industry laggard.

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.
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Air Products & Chemicals Looks to Fill a Gap

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