Huntsman Corporation (HUN): 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.

Huntsman Corporation ( HUN) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Huntsman Corporation fell $0.31 (-1.3%) to $22.80 on average volume. Throughout the day, 2,284,765 shares of Huntsman Corporation exchanged hands as compared to its average daily volume of 2,656,600 shares. The stock ranged in price between $22.79-$23.43 after having opened the day at $23.41 as compared to the previous trading day's close of $23.11. Other companies within the Chemicals industry that declined today were: PetroLogistics ( PDH), down 5.5%, Senomyx ( SNMX), down 3.7%, Taminco ( TAM), down 3.5% and Sociedad Quimica Y Minera De Chile ( SQM), down 3.4%.

Huntsman Corporation and its subsidiaries engage in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments. Huntsman Corporation has a market cap of $5.6 billion and is part of the basic materials sector. The company has a P/E ratio of 110.0, above the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Huntsman Corporation a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Huntsman Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. 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 8.2%, Amyris ( AMRS), up 7.3%, Pacific Ethanol ( PEIX), up 6.3% and Rentech Nitrogen Partners ( RNF), up 5.7% , were all gainers within the chemicals industry with Dow Chemical ( DOW) 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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