Dow Chemical Co (DOW): Today's Featured Conglomerates 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.

Dow Chemical ( DOW) pushed the Conglomerates sector higher today making it today's featured conglomerates winner. The sector as a whole closed the day down 3.2%. By the end of trading, Dow Chemical rose $0.62 (1.7%) to $36.91 on average volume. Throughout the day, 7,264,927 shares of Dow Chemical exchanged hands as compared to its average daily volume of 5,957,200 shares. The stock ranged in a price between $36.23-$36.97 after having opened the day at $36.47 as compared to the previous trading day's close of $36.29. Other companies within the Conglomerates sector that increased today were: Fifth Street Senior Floating Rate ( FSFR), up 2.5%, Tredegar Corporation ( TG), up 2.3%, Caterpillar ( CAT), up 1.9% and Harbinger Group ( HRG), up 1.7%.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $43.6 billion and is part of the chemicals industry. Shares are up 12.3% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Dow Chemical a buy, 4 analysts rate it a sell, and 12 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 compelling growth in net income, revenue growth, increase in stock price during the past year, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Pingtan Marine Enterprise ( PME), down 83.8%, Dex Media ( DXM), down 8.1%, AcelRx Pharmaceuticals ( ACRX), down 4.8% and Global Eagle Entertainment ( ENT), down 3.5%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the conglomerates sector could consider SPDR Trust Series 1 ( SPY) while those bearish on the conglomerates sector could consider ProShares Short S&P 500 ( SH).

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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