3 Stocks Pushing The Chemicals Industry Lower

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One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.3%) at 15,878 as of Tuesday, Jan. 28, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,973 issues advancing vs. 972 declining with 141 unchanged.

The Chemicals industry currently sits up 0.5% versus the S&P 500, which is up 0.3%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Williams Partners ( WPZ) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Williams Partners is down $0.27 (-0.5%) to $50.44 on light volume. Thus far, 240,924 shares of Williams Partners exchanged hands as compared to its average daily volume of 661,300 shares. The stock has ranged in price between $50.31-$51.42 after having opened the day at $51.42 as compared to the previous trading day's close of $50.71.

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in two segments, Gas Pipeline and Midstream Gas & Liquids. Williams Partners has a market cap of $22.3 billion and is part of the basic materials sector. The company has a P/E ratio of 28.9, above the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate Williams Partners a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Williams Partners as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Williams Partners 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, Ashland ( ASH) is down $1.44 (-1.5%) to $93.85 on heavy volume. Thus far, 650,247 shares of Ashland exchanged hands as compared to its average daily volume of 640,600 shares. The stock has ranged in price between $93.29-$95.95 after having opened the day at $93.84 as compared to the previous trading day's close of $95.29.

Ashland Inc. operates as a specialty chemicals company worldwide. The company operates through four segments: Ashland Specialty Ingredients, Ashland Water Technologies, Ashland Performance Materials, and Ashland Consumer Markets. Ashland has a market cap of $7.4 billion and is part of the basic materials sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are down 1.8% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Ashland a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Ashland as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels, expanding profit margins, good cash flow from operations and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Ashland 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, E.I. du Pont de Nemours & Company ( DD) is down $0.53 (-0.9%) to $59.71 on average volume. Thus far, 2.7 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $59.63-$61.15 after having opened the day at $60.86 as compared to the previous trading day's close of $60.24.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $55.5 billion and is part of the basic materials sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are down 7.3% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate E.I. du Pont de Nemours & Company a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full E.I. du Pont de Nemours & Company 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 4 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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