FMC Corporation (FMC): Today's Featured Chemicals Laggard

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FMC Corporation ( FMC) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day down 0.6%. By the end of trading, FMC Corporation fell $0.91 (-1.4%) to $66.35 on average volume. Throughout the day, 749,264 shares of FMC Corporation exchanged hands as compared to its average daily volume of 838,600 shares. The stock ranged in price between $66.24-$67.46 after having opened the day at $67.02 as compared to the previous trading day's close of $67.26. Other companies within the Chemicals industry that declined today were: GSE ( GSE), down 39.3%, Axiall ( AXLL), down 16.8%, Senomyx ( SNMX), down 14.6% and CVR Partners ( UAN), down 6.9%.

FMC Corporation, a diversified chemical company, provides solutions and products for agricultural, consumer, and industrial markets. It operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. FMC Corporation has a market cap of $9.1 billion and is part of the basic materials sector. Shares are up 14.9% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate FMC Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates FMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Lightbridge ( LTBR), up 5.7%, Gulf Resources ( GURE), up 5.1%, Verenium Corporation ( VRNM), up 4.6% and Pacific Ethanol ( PEIX), up 4.5% , were all gainers within the chemicals industry with Albemarle ( ALB) being today's featured chemicals industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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