FMC, AGU And CF, 3 Chemicals Stocks Pushing The Industry Lower

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 70 points (0.5%) at 14,846 as of Wednesday, Aug. 28, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,865 issues advancing vs. 1,062 declining with 104 unchanged.

The Chemicals industry currently sits up 0.6% versus the S&P 500, which is up 0.6%. A company within the industry that increased today was Sherwin-Williams Company ( SHW), up 1.2%.

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

3. FMC Corporation ( FMC) is one of the companies pushing the Chemicals industry lower today. As of noon trading, FMC Corporation is down $0.79 (-1.2%) to $66.17 on average volume. Thus far, 438,909 shares of FMC Corporation exchanged hands as compared to its average daily volume of 814,500 shares. The stock has ranged in price between $66.02-$66.90 after having opened the day at $66.74 as compared to the previous trading day's close of $66.96.

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 14.4% year to date as of the close of trading on Tuesday. 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. Get the full FMC Corporation Ratings Report now.

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2. As of noon trading, Agrium ( AGU) is down $0.87 (-1.0%) to $87.17 on light volume. Thus far, 263,587 shares of Agrium exchanged hands as compared to its average daily volume of 980,300 shares. The stock has ranged in price between $86.61-$88.00 after having opened the day at $88.00 as compared to the previous trading day's close of $88.04.

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 $13.2 billion and is part of the basic materials sector. Shares are down 11.8% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Agrium a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Agrium 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 and attractive valuation levels. 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.

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1. As of noon trading, CF Industries Holdings ( CF) is down $2.07 (-1.1%) to $191.38 on average volume. Thus far, 441,754 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 $188.27-$193.40 after having opened the day at $192.56 as compared to the previous trading day's close of $193.45.

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 $11.3 billion and is part of the basic materials sector. Shares are down 3.0% 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.

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 4 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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