3 Stocks Dragging In The Chemicals Industry

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 16,415 as of Thursday, April 17, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,581 issues advancing vs. 1,369 declining with 186 unchanged.

The Chemicals industry currently sits up 0.6% versus the S&P 500, which is unchanged.

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

3. Agrium ( AGU) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Agrium is down $0.87 (-0.9%) to $93.00 on light volume. Thus far, 168,385 shares of Agrium exchanged hands as compared to its average daily volume of 724,500 shares. The stock has ranged in price between $93.00-$94.05 after having opened the day at $93.80 as compared to the previous trading day's close of $93.87.

Agrium Inc. produces, retails, and distributes the crop nutrients, crop protection products, seeds, and agronomics primarily in North America, South America, Europe, and Australia. The company operates through two segments, Retail and Wholesale. Agrium has a market cap of $13.4 billion and is part of the basic materials sector. Shares are up 2.6% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Agrium a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Agrium as a buy. The company's strengths can be seen in multiple areas, such as its reasonable 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 weak growth in earnings per share. Get the full Agrium 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, CF Industries Holdings ( CF) is down $3.46 (-1.4%) to $244.26 on light volume. Thus far, 233,705 shares of CF Industries Holdings exchanged hands as compared to its average daily volume of 998,400 shares. The stock has ranged in price between $243.95-$247.12 after having opened the day at $246.80 as compared to the previous trading day's close of $247.72.

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 $12.9 billion and is part of the basic materials sector. Shares are up 6.3% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate CF Industries Holdings a buy, 1 analyst rates it a sell, and 8 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. 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.

1. As of noon trading, E.I. du Pont de Nemours & Company ( DD) is down $0.73 (-1.1%) to $66.99 on average volume. Thus far, 2.9 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $66.58-$67.71 after having opened the day at $67.16 as compared to the previous trading day's close of $67.72.

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 $61.3 billion and is part of the basic materials sector. Shares are up 4.2% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate E.I. du Pont de Nemours & Company a buy, 1 analyst rates it a sell, and 9 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 compelling growth in net income, revenue growth, solid stock price performance, 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. 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 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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