Albemarle Corp (ALB): 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.

Albemarle ( ALB) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.4%. By the end of trading, Albemarle rose $0.72 (1.1%) to $63.38 on light volume. Throughout the day, 342,177 shares of Albemarle exchanged hands as compared to its average daily volume of 631,800 shares. The stock ranged in a price between $63.00-$63.56 after having opened the day at $63.01 as compared to the previous trading day's close of $62.66. Other companies within the Chemicals industry that increased today were: Amyris ( AMRS), up 15.3%, Methes Energies International ( MEIL), up 10.7%, BioAmber ( BIOA), up 8.5% and LSB Industries ( LXU), up 3.5%.

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals. Albemarle has a market cap of $5.1 billion and is part of the basic materials sector. Shares are up 0.9% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Albemarle a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Albemarle as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Metabolix ( MBLX), down 4.3%, BioFuel Energy Corporation ( BIOF), down 3.4%, Green Plains Renewable Energy ( GPRE), down 3.0% and Omnova Solutions ( OMN), down 2.2%.

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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