4 Stocks Pushing The Chemicals Industry Higher

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 14,943 as of Thursday, Sept. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,432 issues advancing vs. 1,453 declining with 120 unchanged.

The Chemicals industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Sherwin-Williams Company ( SHW), up 1.3%, and LyondellBasell Industries ( LYB), up 0.9%. A company within the industry that fell today was Terra Nitrogen Company L.P ( TNH), up 2.6%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Sociedad Quimica Y Minera De Chile ( SQM) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Sociedad Quimica Y Minera De Chile is up $1.08 (4.0%) to $28.04 on average volume. Thus far, 769,792 shares of Sociedad Quimica Y Minera De Chile exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $26.88-$28.27 after having opened the day at $27.00 as compared to the previous trading day's close of $26.96.

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 $6.9 billion and is part of the basic materials sector. Shares are down 53.2% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Sociedad Quimica Y Minera De Chile a buy, 1 analyst rates 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 largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, 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.

3x UPSIDE POTENTIAL: 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, PPG Industries ( PPG) is up $1.81 (1.1%) to $160.75 on light volume. Thus far, 143,328 shares of PPG Industries exchanged hands as compared to its average daily volume of 679,000 shares. The stock has ranged in price between $158.34-$161.34 after having opened the day at $158.85 as compared to the previous trading day's close of $158.94.

PPG Industries, Inc. operates as a coatings and specialty products company. PPG Industries has a market cap of $22.5 billion and is part of the basic materials sector. Shares are up 17.4% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate PPG Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates PPG Industries 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, solid stock price performance, good cash flow from operations 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 PPG Industries 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, Dow Chemical ( DOW) is up $0.49 (1.3%) to $38.27 on light volume. Thus far, 2.0 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $37.68-$38.30 after having opened the day at $37.79 as compared to the previous trading day's close of $37.78.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $45.3 billion and is part of the basic materials sector. Shares are up 16.9% 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, 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.

1. As of noon trading, E.I. du Pont de Nemours & Company ( DD) is up $0.45 (0.8%) to $57.68 on light volume. Thus far, 1.4 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $57.20-$57.68 after having opened the day at $57.65 as compared to the previous trading day's close of $57.23.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $52.1 billion and is part of the basic materials sector. Shares are up 27.2% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate E.I. du Pont de Nemours & Company a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels 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 E.I. du Pont de Nemours & Company 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 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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