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

Air Products & Chemicals ( APD) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Air Products & Chemicals fell $1.69 (-1.6%) to $104.62 on light volume. Throughout the day, 1,134,631 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1,847,400 shares. The stock ranged in price between $104.55-$106.18 after having opened the day at $105.79 as compared to the previous trading day's close of $106.31. Other companies within the Chemicals industry that declined today were: American Pacific Corporation ( APFC), down 7.8%, Metabolix ( MBLX), down 5.9%, Flexible Solutions International ( FSI), down 4.5% and Synthesis Energy Sys ( SYMX), down 4.2%.

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 $22.5 billion and is part of the basic materials sector. Shares are up 27.6% year to date as of the close of trading on Friday. Currently there are 9 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 positive front, Lightbridge ( LTBR), up 15.2%, Senomyx ( SNMX), up 6.9%, GSE ( GSE), up 5.5% and KMG Chemicals ( KMG), up 4.0%.

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).

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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