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.

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