Chemicals Stocks On The Rise With Help From 3 Stocks

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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.

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