CE, PPG And CF, 3 Chemicals Stocks Pushing The Industry Lower

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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 14 points (-0.1%) at 16,140 as of Tuesday, Feb. 18, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 2,063 issues advancing vs. 873 declining with 164 unchanged.

The Chemicals industry currently sits up 0.8% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Braskem ( BAK), down 4.7%, and Valhi ( VHI), down 4.1%.

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

3. Celanese Corporation ( CE) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Celanese Corporation is down $0.75 (-1.4%) to $52.35 on average volume. Thus far, 454,005 shares of Celanese Corporation exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $51.91-$53.35 after having opened the day at $53.35 as compared to the previous trading day's close of $53.10.

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 $8.3 billion and is part of the basic materials sector. Shares are down 4.0% year-to-date as of the close of trading on Friday. 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 compelling growth in net income, revenue growth, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Celanese Corporation 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, PPG Industries ( PPG) is down $2.00 (-1.1%) to $186.90 on average volume. Thus far, 362,838 shares of PPG Industries exchanged hands as compared to its average daily volume of 865,600 shares. The stock has ranged in price between $186.22-$188.50 after having opened the day at $188.46 as compared to the previous trading day's close of $188.90.

PPG Industries, Inc. is comprised of three basic business segments, coatings, glass and chemicals. PPG Industries has a market cap of $26.8 billion and is part of the basic materials sector. Shares are down 0.4% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate PPG Industries a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates PPG Industries as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, solid stock price performance and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full PPG Industries 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, CF Industries Holdings ( CF) is down $6.72 (-2.9%) to $224.93 on heavy volume. Thus far, 778,253 shares of CF Industries Holdings exchanged hands as compared to its average daily volume of 819,200 shares. The stock has ranged in price between $224.32-$231.87 after having opened the day at $231.00 as compared to the previous trading day's close of $231.65.

CF Industries Holdings, Inc. manufactures and distributes nitrogen and phosphate fertilizer products worldwide. It operates in two segments, Nitrogen and Phosphate. CF Industries Holdings has a market cap of $13.3 billion and is part of the basic materials sector. Shares are down 0.6% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate CF Industries Holdings a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates CF Industries Holdings as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CF Industries Holdings 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 3 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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