Potash Corporation Of Saskatchewan Inc. (POT): 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.

Potash Corporation of Saskatchewan ( POT) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Potash Corporation of Saskatchewan fell $0.72 (-2.1%) to $34.15 on average volume. Throughout the day, 7,490,999 shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 6,909,300 shares. The stock ranged in price between $33.98-$34.78 after having opened the day at $34.74 as compared to the previous trading day's close of $34.87. Other companies within the Chemicals industry that declined today were: Metabolix ( MBLX), down 7.9%, Penford Corporation ( PENX), down 5.8%, BioFuel Energy Corporation ( BIOF), down 4.2% and GSE ( GSE), down 3.9%.

Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. Potash Corporation of Saskatchewan has a market cap of $30.3 billion and is part of the basic materials sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 5.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Potash Corporation of Saskatchewan a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Potash Corporation of Saskatchewan as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow.

On the positive front, Flexible Solutions International ( FSI), up 7.6%, Gulf Resources ( GURE), up 7.1%, Lightbridge ( LTBR), up 6.2% and REX American Resources ( REX), up 3.7%.

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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