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.

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