3 Stocks Raising The Chemicals Industry Higher

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 27 points (0.2%) at 15,548 as of Wednesday, July 31, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,364 issues advancing vs. 1,544 declining with 117 unchanged.

The Chemicals industry currently sits down 0.7% versus the S&P 500, which is up 0.3%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Air Products & Chemicals ( APD) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Air Products & Chemicals is up $4.05 (3.8%) to $109.66 on heavy volume. Thus far, 4.5 million shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $107.52-$109.98 after having opened the day at $108.78 as compared to the previous trading day's close of $105.61.

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 $21.8 billion and is part of the basic materials sector. Shares are up 25.7% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Air Products & Chemicals a buy, 1 analyst rates 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, solid stock price performance, expanding profit margins and reasonable valuation levels. 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.

3x UPSIDE POTENTIAL: 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, Dow Chemical ( DOW) is up $0.26 (0.7%) to $35.32 on average volume. Thus far, 2.5 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $35.05-$35.38 after having opened the day at $35.12 as compared to the previous trading day's close of $35.06.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $42.3 billion and is part of the basic materials sector. Shares are up 8.3% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Dow Chemical a buy, 4 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Dow Chemical as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, attractive valuation levels, increase in stock price during the past year and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Dow Chemical Ratings Report now.

3x UPSIDE POTENTIAL: 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, E.I. du Pont de Nemours & Company ( DD) is up $0.34 (0.6%) to $58.02 on average volume. Thus far, 2.7 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $57.78-$58.74 after having opened the day at $57.85 as compared to the previous trading day's close of $57.68.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $53.1 billion and is part of the basic materials sector. Shares are up 28.2% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate E.I. du Pont de Nemours & Company a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels 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 E.I. du Pont de Nemours & Company Ratings Report now.

3x UPSIDE POTENTIAL: 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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