5 Stocks Dragging The Chemicals Industry Downward

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 44 points (0.3%) at 15,539 as of Tuesday, Sept. 17, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,783 issues advancing vs. 1,120 declining with 134 unchanged.

The Chemicals industry currently is unchanged today versus the S&P 500, which is up 0.3%. A company within the industry that fell today was Agrium ( AGU), up 1.4%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Praxair ( PX) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Praxair is down $0.90 (-0.7%) to $121.31 on light volume. Thus far, 381,962 shares of Praxair exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $121.16-$122.46 after having opened the day at $122.46 as compared to the previous trading day's close of $122.21.

Praxair, Inc. engages in the production, distribution, and sale atmospheric and process gases, as well as surface coatings in North America, Europe, South America, and Asia. Praxair has a market cap of $35.5 billion and is part of the basic materials sector. Shares are up 10.1% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Praxair a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Praxair as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Praxair 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.

4. As of noon trading, Air Products & Chemicals ( APD) is down $0.92 (-0.8%) to $107.07 on light volume. Thus far, 454,451 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $106.26-$107.89 after having opened the day at $107.83 as compared to the previous trading day's close of $107.99.

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 $22.3 billion and is part of the basic materials sector. Shares are up 26.3% year to date as of the close of trading on Monday. 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. Get the full Air Products & Chemicals 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.

3. As of noon trading, E.I. du Pont de Nemours & Company ( DD) is down $0.29 (-0.5%) to $59.41 on light volume. Thus far, 1.6 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $59.35-$59.92 after having opened the day at $59.77 as compared to the previous trading day's close of $59.70.

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 $54.4 billion and is part of the basic materials sector. Shares are up 30.9% year to date as of the close of trading on Monday. 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 solid stock price performance. 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.

STOCKS TO BUY: 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, Monsanto Company ( MON) is down $1.02 (-1.0%) to $104.68 on light volume. Thus far, 696,854 shares of Monsanto Company exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $104.68-$105.62 after having opened the day at $105.62 as compared to the previous trading day's close of $105.70.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $55.5 billion and is part of the basic materials sector. Shares are up 11.7% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Monsanto Company a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Monsanto Company 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, notable return on equity, 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. Get the full Monsanto Company 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.

1. As of noon trading, Potash Corporation of Saskatchewan ( POT) is down $0.50 (-1.5%) to $32.50 on average volume. Thus far, 9.8 million shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 13.3 million shares. The stock has ranged in price between $32.31-$32.91 after having opened the day at $32.54 as compared to the previous trading day's close of $33.00.

Sameer's Proprietary Business Description. THIS SHOULD BE QUITE NOTICEABLE IN THE EVENT OF A PROP LEAK! Sameer's Proprietary Business Description. THIS SHOULD BE QUITE NOTICEABLE IN THE EVENT OF A PROP LEAK! Sameer's Proprietary Business Description. Potash Corporation of Saskatchewan has a market cap of $28.2 billion and is part of the basic materials sector. Shares are down 20.2% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Potash Corporation of Saskatchewan a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Potash Corporation of Saskatchewan as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. Get the full Potash Corporation of Saskatchewan 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 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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