Celanese Corporation (CE): 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.

Celanese Corporation ( CE) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day down 0.1%. By the end of trading, Celanese Corporation rose $0.63 (1.2%) to $51.51 on average volume. Throughout the day, 973,905 shares of Celanese Corporation exchanged hands as compared to its average daily volume of 1,026,300 shares. The stock ranged in a price between $50.63-$52.02 after having opened the day at $50.90 as compared to the previous trading day's close of $50.88. Other companies within the Chemicals industry that increased today were: Ceres ( CERE), up 12.5%, Marrone Bio Innovations ( MBII), up 7.8%, Aceto Corporation ( ACET), up 3.1% and Landec Corporation ( LNDC), up 2.9%.

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 $8.2 billion and is part of the basic materials sector. Shares are up 15.3% year to date as of the close of trading on Monday. Currently there are 7 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.

On the negative front, Amyris ( AMRS), down 10.2%, Gulf Resources ( GURE), down 5.1%, Metabolix ( MBLX), down 4.6% and Synthesis Energy Sys ( SYMX), down 3.8% , were all laggards within the chemicals industry with Potash Corporation of Saskatchewan ( POT) being today's chemicals industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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