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.FMC Corporation ( FMC) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 0.3%. By the end of trading, FMC Corporation rose $5.23 (6.7%) to $83.10 on heavy volume. Throughout the day, 3,499,944 shares of FMC Corporation exchanged hands as compared to its average daily volume of 905,300 shares. The stock ranged in a price between $81.44-$83.94 after having opened the day at $83.94 as compared to the previous trading day's close of $77.87. Other companies within the Basic Materials sector that increased today were: Dejour Energy ( DEJ), up 25.3%, Houston American Energy Corporation ( HUSA), up 20.3%, Tengasco ( TGC), up 14.2% and Camac Energy ( CAK), up 12.7%.
FMC Corporation, a diversified chemical company, provides solutions, applications, and products for agricultural, consumer, and industrial markets. It operates in three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Minerals. FMC Corporation has a market cap of $10.4 billion and is part of the chemicals industry. Shares are up 3.5% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate FMC Corporation a buy, no analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates FMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.