Celanese Corporation (CE): 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.

Celanese Corporation ( CE) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole was unchanged today. By the end of trading, Celanese Corporation fell $0.90 (-1.6%) to $53.76 on average volume. Throughout the day, 1,263,540 shares of Celanese Corporation exchanged hands as compared to its average daily volume of 876,400 shares. The stock ranged in price between $53.02-$54.67 after having opened the day at $54.67 as compared to the previous trading day's close of $54.66. Other companies within the Chemicals industry that declined today were: BioFuel Energy Corporation ( BIOF), down 10.3%, Amyris ( AMRS), down 6.4%, Flexible Solutions International ( FSI), down 5.8% and Quaker Chemical Corporation ( KWR), down 2.9%.

Celanese Corporation engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. The company operates in four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. Celanese Corporation has a market cap of $8.5 billion and is part of the basic materials sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are down 1.2% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Celanese Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Celanese Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Lightbridge ( LTBR), up 5.7%, Marrone Bio Innovations ( MBII), up 4.2%, Terra Nitrogen Company L.P ( TNH), up 3.1% and RPM International ( RPM), up 2.9% , were all gainers within the chemicals industry with Potash Corporation of Saskatchewan ( POT) being today's featured chemicals industry leader.

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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