Monsanto Company (MON): 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.

Monsanto Company ( MON) 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, Monsanto Company fell $1.85 (-1.7%) to $109.42 on average volume. Throughout the day, 3,060,885 shares of Monsanto Company exchanged hands as compared to its average daily volume of 2,500,800 shares. The stock ranged in price between $109.34-$111.19 after having opened the day at $110.88 as compared to the previous trading day's close of $111.27. Other companies within the Chemicals industry that declined today were: Lightbridge ( LTBR), down 4.2%, Flotek Industries ( FTK), down 3.3%, GSE ( GSE), down 2.9% and Gulf Resources ( GURE), down 2.9%.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $58.4 billion and is part of the basic materials sector. Shares are down 4.5% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Monsanto Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Monsanto Company as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, Senomyx ( SNMX), up 24.9%, Valspar Corporation ( VAL), up 6.3%, BioFuel Energy Corporation ( BIOF), up 6.2% and Penford Corporation ( PENX), up 4.1% , were all gainers within the chemicals industry with Sherwin-Williams Company ( SHW) 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.

More from Markets

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know

Stocks Dive Globally as U.S.-China Trade War Intensifies

Stocks Dive Globally as U.S.-China Trade War Intensifies

Global Oil Prices Mixed as OPEC Production Talks, China Tariffs Weigh on Markets

Global Oil Prices Mixed as OPEC Production Talks, China Tariffs Weigh on Markets

Cryptocurrencies Could 'Bring the Internet to a Halt', Central Bank Agency Warns

Cryptocurrencies Could 'Bring the Internet to a Halt', Central Bank Agency Warns

Volkswagen's Audi CEO Arrested in Diesel Emissions Probe

Volkswagen's Audi CEO Arrested in Diesel Emissions Probe