GRA, APD And DD, Pushing Chemicals Industry Downward

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,714 as of Tuesday, June 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,066 issues advancing vs. 1,889 declining with 193 unchanged.

The Chemicals industry currently sits down 0.7% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Potash Corp of Saskatchewan ( POT), down 0.7%, and Monsanto ( MON), down 0.6%.

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

3. W R Grace ( GRA) is one of the companies pushing the Chemicals industry lower today. As of noon trading, W R Grace is down $1.62 (-1.8%) to $90.76 on average volume. Thus far, 427,171 shares of W R Grace exchanged hands as compared to its average daily volume of 624,600 shares. The stock has ranged in price between $90.67-$91.64 after having opened the day at $91.03 as compared to the previous trading day's close of $92.38.

W. R. Grace & Co. produces and sells specialty chemicals and materials worldwide. It operates in three segments: Grace Catalysts Technologies, Grace Materials Technologies, and Grace Construction Products. W R Grace has a market cap of $7.0 billion and is part of the basic materials sector. Shares are down 6.6% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate W R Grace a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates W R Grace as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins and increase in stock price during the past year. 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 W R Grace 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, Air Products & Chemicals ( APD) is down $0.80 (-0.7%) to $121.03 on light volume. Thus far, 255,912 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $120.85-$121.84 after having opened the day at $121.53 as compared to the previous trading day's close of $121.83.

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates through four segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy. Air Products & Chemicals has a market cap of $25.5 billion and is part of the basic materials sector. Shares are up 9.0% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate Air Products & Chemicals a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Air Products & Chemicals as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Air Products & Chemicals 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 $0.44 (-0.6%) to $68.82 on light volume. Thus far, 1.3 million shares of E I du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $68.78-$69.37 after having opened the day at $68.83 as compared to the previous trading day's close of $69.26.

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 $63.7 billion and is part of the basic materials sector. Shares are up 6.6% year-to-date as of the close of trading on Monday. 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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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