3 Stocks Improving Performance Of The Chemicals Industry

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 55 points (-0.4%) at 14,948 as of Wednesday, Aug. 21, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 846 issues advancing vs. 2,101 declining with 78 unchanged.

The Chemicals industry currently sits down 0.3% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include Monsanto Company ( MON), down 0.7%, and LyondellBasell Industries ( LYB), down 0.5%.

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

3. Celanese Corporation ( CE) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Celanese Corporation is up $2.40 (4.9%) to $51.33 on heavy volume. Thus far, 1.3 million shares of Celanese Corporation exchanged hands as compared to its average daily volume of 980,100 shares. The stock has ranged in price between $49.75-$51.64 after having opened the day at $50.36 as compared to the previous trading day's close of $48.93.

Celanese Corporation engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. The company operates in four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. Celanese Corporation has a market cap of $7.9 billion and is part of the basic materials sector. Shares are up 9.9% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Celanese Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Celanese Corporation as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance 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 Celanese Corporation 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, CF Industries Holdings ( CF) is up $3.53 (1.9%) to $191.42 on average volume. Thus far, 432,340 shares of CF Industries Holdings exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $187.71-$191.98 after having opened the day at $187.85 as compared to the previous trading day's close of $187.89.

CF Industries Holdings, Inc. manufactures and distributes nitrogen and phosphate fertilizer products worldwide. It operates in two segments, Nitrogen and Phosphate. CF Industries Holdings has a market cap of $10.7 billion and is part of the basic materials sector. Shares are down 7.5% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate CF Industries Holdings a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates CF Industries Holdings 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, notable return on equity, attractive valuation levels 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 CF Industries Holdings 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, Dow Chemical ( DOW) is up $0.28 (0.7%) to $37.22 on average volume. Thus far, 3.5 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $36.82-$37.55 after having opened the day at $36.82 as compared to the previous trading day's close of $36.95.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $44.3 billion and is part of the basic materials sector. Shares are up 14.3% year to date as of the close of trading on Tuesday. 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, solid stock price performance, attractive valuation levels and good cash flow from operations. 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.

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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