3 Chemicals Stocks Pushing Industry Growth

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 37 points (0.2%) at 16,943 as of Wednesday, July 9, 2014, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,468 issues advancing vs. 1,471 declining with 161 unchanged.

The Chemicals industry currently sits up 0.3% versus the S&P 500, which is up 0.3%.

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

3. Williams Partners ( WPZ) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Williams Partners is up $0.48 (0.9%) to $53.56 on average volume. Thus far, 322,163 shares of Williams Partners exchanged hands as compared to its average daily volume of 772,900 shares. The stock has ranged in price between $52.96-$53.60 after having opened the day at $53.22 as compared to the previous trading day's close of $53.08.

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services segments. Williams Partners has a market cap of $23.5 billion and is part of the basic materials sector. Shares are up 4.4% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Williams Partners a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Williams Partners as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Williams Partners Ratings Report now.

3x UPSIDE POTENTIAL: 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, LyondellBasell Industries ( LYB) is up $1.23 (1.3%) to $98.91 on light volume. Thus far, 1.0 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $98.01-$99.07 after having opened the day at $98.16 as compared to the previous trading day's close of $97.68.

LyondellBasell Industries N.V., together with its subsidiaries, manufactures chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for production of polymers. LyondellBasell Industries has a market cap of $51.9 billion and is part of the basic materials sector. Shares are up 21.7% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate LyondellBasell Industries a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates LyondellBasell Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LyondellBasell Industries Ratings Report now.

3x UPSIDE POTENTIAL: 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, Dow Chemical ( DOW) is up $0.37 (0.7%) to $51.36 on light volume. Thus far, 2.6 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 7.7 million shares. The stock has ranged in price between $50.89-$51.40 after having opened the day at $51.16 as compared to the previous trading day's close of $50.99.

The Dow Chemical Company manufactures and supplies chemical products for use as raw materials in the manufacture of customer products and services worldwide. Dow Chemical has a market cap of $61.7 billion and is part of the basic materials sector. Shares are up 14.8% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Dow Chemical a buy, 3 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Dow Chemical as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Dow Chemical Ratings Report now.

3x UPSIDE POTENTIAL: 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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