Axiall Corp (AXLL): Today's Featured Chemicals Winner

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.

Axiall ( AXLL) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.4%. By the end of trading, Axiall rose $0.63 (1.6%) to $40.61 on average volume. Throughout the day, 1,163,547 shares of Axiall exchanged hands as compared to its average daily volume of 892,500 shares. The stock ranged in a price between $39.42-$41.60 after having opened the day at $40.13 as compared to the previous trading day's close of $39.98. Other companies within the Chemicals industry that increased today were: Pacific Ethanol ( PEIX), up 7.4%, Gevo ( GEVO), up 6.6%, Lightbridge ( LTBR), up 6.5% and Solazyme ( SZYM), up 6.1%.

Axiall Corporation operates as an integrated chemicals and building products company in North America and Asia. Axiall has a market cap of $3.0 billion and is part of the basic materials sector. Shares are down 15.7% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Axiall a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Axiall as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Valhi ( VHI), down 8.3%, KMG Chemicals ( KMG), down 8.1%, GSE ( GSE), down 5.9% and Monsanto Company ( MON), down 3.1%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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