Dow Chemical Co (DOW): Today's Featured Conglomerates Laggard

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.

Dow Chemical ( DOW) pushed the Conglomerates sector lower today making it today's featured Conglomerates laggard. The sector as a whole closed the day up 4.0%. By the end of trading, Dow Chemical fell $0.97 (-2.4%) to $39.02 on average volume. Throughout the day, 9,198,334 shares of Dow Chemical exchanged hands as compared to its average daily volume of 7,225,800 shares. The stock ranged in price between $38.89-$39.84 after having opened the day at $39.83 as compared to the previous trading day's close of $39.99. Other companies within the Conglomerates sector that declined today were: Dex Media ( DXM), down 5.4% and MGT Capital Investments ( MGT), down 1.6%.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. Dow Chemical has a market cap of $47.3 billion and is part of the chemicals industry. Shares are up 21.0% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Dow Chemical a buy, 4 analysts rate it a sell, and 10 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.

On the positive front, Pingtan Marine Enterprise ( PME), up 59.7% and China Growth Equity Investment ( CGEI), up 59.7%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the conglomerates sector could consider SPDR Trust Series 1 ( SPY) while those bearish on the conglomerates sector could consider ProShares Short S&P 500 ( SH).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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