Chemicals Stocks On The Rise With Help From 3 Stocks

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 30 points (0.2%) at 16,949 as of Wednesday, Aug. 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,589 declining with 185 unchanged.

The Chemicals industry currently is unchanged today versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Sociedad Quimica Y Minera De Chile ( SQM), up 1.1%.

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

3. Celanese ( CE) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Celanese is up $0.40 (0.7%) to $61.00 on light volume. Thus far, 304,148 shares of Celanese exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $60.49-$61.13 after having opened the day at $60.60 as compared to the previous trading day's close of $60.60.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. Celanese has a market cap of $9.4 billion and is part of the basic materials sector. Shares are up 9.6% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Celanese a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Celanese as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, attractive valuation levels and good cash flow from operations. 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 Celanese 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, Huntsman ( HUN) is up $0.27 (1.0%) to $27.28 on average volume. Thus far, 1.4 million shares of Huntsman exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $26.94-$27.32 after having opened the day at $26.96 as compared to the previous trading day's close of $27.01.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Huntsman Corporation, together with its subsidiaries, manufactures and sells differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments. Huntsman has a market cap of $6.6 billion and is part of the basic materials sector. Shares are up 9.8% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Huntsman a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Huntsman 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, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Huntsman 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, FMC Corporation ( FMC) is up $0.45 (0.7%) to $66.79 on light volume. Thus far, 250,645 shares of FMC Corporation exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $66.11-$66.83 after having opened the day at $66.34 as compared to the previous trading day's close of $66.34.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

FMC Corporation, a diversified chemical company, provides solutions, applications, and products for agricultural, industrial, environmental, and consumer markets. It operates in three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Minerals. FMC Corporation has a market cap of $8.8 billion and is part of the basic materials sector. Shares are down 12.1% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate FMC Corporation a buy, no analysts rate it a sell, and 7 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, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full FMC Corporation 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).

null

More from Markets

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

China Trade Truce, General Electric and Tesla - 5 Things You Must Know

China Trade Truce, General Electric and Tesla - 5 Things You Must Know

GE Shares Gain Amid Reports of $20 Billion Wabtec Deal

GE Shares Gain Amid Reports of $20 Billion Wabtec Deal

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)