5 Chemicals Stocks Dragging The Industry Down

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 5 stocks pushing the industry lower today:

5. Sociedad Quimica Y Minera De Chile ( SQM) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Sociedad Quimica Y Minera De Chile is down $1.45 (-4.7%) to $29.31 on heavy volume. Thus far, 2.3 million shares of Sociedad Quimica Y Minera De Chile exchanged hands as compared to its average daily volume of 625,700 shares. The stock has ranged in price between $28.07-$30.50 after having opened the day at $30.44 as compared to the previous trading day's close of $30.76.

Chemical and Mining Company of Chile Inc. engages in the production and distribution of specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and potassium sulfate, industrial chemicals, and other commodity fertilizers. Sociedad Quimica Y Minera De Chile has a market cap of $9.8 billion and is part of the basic materials sector. Shares are down 46.6% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Sociedad Quimica Y Minera De Chile a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sociedad Quimica Y Minera De Chile as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Sociedad Quimica Y Minera De Chile 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, Agrium ( AGU) is down $2.26 (-2.6%) to $84.24 on heavy volume. Thus far, 1.7 million shares of Agrium exchanged hands as compared to its average daily volume of 850,100 shares. The stock has ranged in price between $83.79-$85.21 after having opened the day at $85.01 as compared to the previous trading day's close of $86.50.

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 $13.7 billion and is part of the basic materials sector. Shares are down 13.4% 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, largely solid financial position with reasonable debt levels by most measures and notable return on equity. 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.

3. As of noon trading, Mosaic ( MOS) is down $1.97 (-4.5%) to $41.84 on heavy volume. Thus far, 13.1 million shares of Mosaic exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $41.00-$42.50 after having opened the day at $42.50 as compared to the previous trading day's close of $43.81.

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. It operates in two segments, Phosphates and Potash. Mosaic has a market cap of $15.8 billion and is part of the basic materials sector. Shares are down 22.6% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Mosaic a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Mosaic 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 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 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, Potash Corporation of Saskatchewan ( POT) is down $1.30 (-4.1%) to $30.33 on heavy volume. Thus far, 31.9 million shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $29.80-$31.01 after having opened the day at $31.00 as compared to the previous trading day's close of $31.63.

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 $32.8 billion and is part of the basic materials sector. Shares are down 22.3% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Potash Corporation of Saskatchewan a buy, 1 analyst rates it a sell, and 7 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 increase in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and notable return on equity. 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.

1. As of noon trading, Monsanto Company ( MON) is down $0.77 (-0.8%) to $99.66 on average volume. Thus far, 1.5 million shares of Monsanto Company exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $99.15-$100.98 after having opened the day at $100.98 as compared to the previous trading day's close of $100.43.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $54.1 billion and is part of the basic materials sector. Shares are up 6.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Monsanto Company a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Monsanto Company 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, notable return on equity, 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 Monsanto 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.

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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