4 Stocks Pushing The Chemicals Industry Lower

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 21 points (0.1%) at 16,093 as of Tuesday, Nov. 26, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,560 issues advancing vs. 1,331 declining with 131 unchanged.

The Chemicals industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was Sherwin-Williams Company ( SHW), up 0.6%. A company within the industry that increased today was LyondellBasell Industries ( LYB), up 1.0%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Sociedad Quimica Y Minera De Chile ( SQM) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Sociedad Quimica Y Minera De Chile is down $0.28 (-1.1%) to $24.07 on average volume. Thus far, 443,449 shares of Sociedad Quimica Y Minera De Chile exchanged hands as compared to its average daily volume of 880,500 shares. The stock has ranged in price between $24.04-$24.25 after having opened the day at $24.25 as compared to the previous trading day's close of $24.35.

Chemical and Mining Company of Chile Inc. engages in the production and distribution of specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and potassium sulfate, industrial chemicals, and other commodity fertilizers. Sociedad Quimica Y Minera De Chile has a market cap of $6.5 billion and is part of the basic materials sector. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are down 57.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Sociedad Quimica Y Minera De Chile a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sociedad Quimica Y Minera De Chile as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Sociedad Quimica Y Minera De Chile 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, Methanex Corporation ( MEOH) is down $1.20 (-1.9%) to $60.74 on heavy volume. Thus far, 693,558 shares of Methanex Corporation exchanged hands as compared to its average daily volume of 556,800 shares. The stock has ranged in price between $59.38-$61.36 after having opened the day at $61.20 as compared to the previous trading day's close of $61.94.

Methanex Corporation produces, supplies, and sells methanol to petrochemical producers and distributors. The company also purchases and re-sells methanol produced by others. Methanex Corporation has a market cap of $6.1 billion and is part of the basic materials sector. The company has a P/E ratio of 106.4, above the S&P 500 P/E ratio of 17.7. Shares are up 100.4% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Methanex Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Methanex Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Methanex Corporation 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, Valspar Corporation ( VAL) is down $0.92 (-1.3%) to $70.08 on average volume. Thus far, 313,319 shares of Valspar Corporation exchanged hands as compared to its average daily volume of 577,600 shares. The stock has ranged in price between $69.91-$71.06 after having opened the day at $70.98 as compared to the previous trading day's close of $71.00.

The Valspar Corporation manufactures and distributes various coatings, paints, and related products worldwide. The company operates in two segments, Coatings and Paints. Valspar Corporation has a market cap of $6.3 billion and is part of the basic materials sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 15.6% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Valspar Corporation a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Valspar Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Valspar Corporation 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, Air Products & Chemicals ( APD) is down $0.70 (-0.6%) to $109.02 on light volume. Thus far, 339,986 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $108.75-$109.70 after having opened the day at $109.26 as compared to the previous trading day's close of $109.72.

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 $23.3 billion and is part of the basic materials sector. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are up 30.6% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Air Products & Chemicals a buy, 1 analyst rates it a sell, and 8 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 growth in earnings per share, expanding profit margins, solid stock price performance 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.

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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