Cytec Industries (CYT): 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.

Cytec Industries ( CYT) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day down 0.5%. By the end of trading, Cytec Industries rose $1.23 (1.5%) to $81.00 on average volume. Throughout the day, 512,425 shares of Cytec Industries exchanged hands as compared to its average daily volume of 479,700 shares. The stock ranged in a price between $79.98-$81.09 after having opened the day at $80.14 as compared to the previous trading day's close of $79.77. Other companies within the Chemicals industry that increased today were: Marrone Bio Innovations ( MBII), up 5.0%, REX American Resources ( REX), up 3.5%, GSE ( GSE), up 3.0% and PolyOne Corporation ( POL), up 1.8%.

Cytec Industries Inc., a specialty chemicals and materials company, focuses on developing, manufacturing, and selling value-added products for aerospace and industrial materials, mining, and plastic industries worldwide. Cytec Industries has a market cap of $2.8 billion and is part of the basic materials sector. Shares are up 13.4% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Cytec Industries a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cytec Industries as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and weak operating cash flow.

On the negative front, Valhi ( VHI), down 5.4%, Methes Energies International ( MEIL), down 3.5%, China Green Agriculture ( CGA), down 3.2% and Aceto Corporation ( ACET), down 2.8% , were all laggards within the chemicals industry with Mosaic ( MOS) 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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