Air Products & Chemicals Inc (APD): Today's Featured Chemicals 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.

Air Products & Chemicals ( APD) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.5%. By the end of trading, Air Products & Chemicals rose $1.84 (1.7%) to $107.99 on light volume. Throughout the day, 1,199,470 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1,951,900 shares. The stock ranged in a price between $106.74-$108.75 after having opened the day at $107.41 as compared to the previous trading day's close of $106.15. Other companies within the Chemicals industry that increased today were: Intrepid Potash ( IPI), up 6.2%, Synthesis Energy Sys ( SYMX), up 4.4%, Innospec ( IOSP), up 4.0% and CF Industries Holdings ( CF), up 3.5%.

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. Air Products & Chemicals has a market cap of $22.2 billion and is part of the basic materials sector. Shares are up 25.8% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Air Products & Chemicals a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Air Products & Chemicals as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Methes Energies International ( MEIL), down 6.9%, Marrone Bio Innovations ( MBII), down 4.4%, Verenium Corporation ( VRNM), down 4.0% and Valhi ( VHI), down 2.5%.

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).

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