3 Chemicals Stocks Pushing The Industry Higher

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 17,122 as of Wednesday, Aug. 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,632 issues advancing vs. 1,319 declining with 192 unchanged.

The Chemicals industry currently sits up 0.1% versus the S&P 500, which is unchanged.

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

3. REX American Resources ( REX) is one of the companies pushing the Chemicals industry higher today. As of noon trading, REX American Resources is up $11.45 (12.6%) to $102.20 on heavy volume. Thus far, 405,573 shares of REX American Resources exchanged hands as compared to its average daily volume of 158,900 shares. The stock has ranged in price between $98.24-$107.70 after having opened the day at $98.24 as compared to the previous trading day's close of $90.75.

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

REX American Resources Corporation, through its subsidiaries, produces and sells ethanol. The company operates in two segments, Alternative Energy and Real Estate. REX American Resources has a market cap of $740.7 million and is part of the conglomerates sector. Shares are up 103.0% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate REX American Resources a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates REX American Resources as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full REX American Resources 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 $0.29 (1.1%) to $26.96 on light volume. Thus far, 568,440 shares of Huntsman exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $26.68-$26.96 after having opened the day at $26.75 as compared to the previous trading day's close of $26.67.

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 8.4% 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, LyondellBasell Industries ( LYB) is up $0.67 (0.6%) to $113.27 on light volume. Thus far, 528,145 shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $112.45-$113.31 after having opened the day at $113.12 as compared to the previous trading day's close of $112.60.

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

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 $57.9 billion and is part of the basic materials sector. Shares are up 40.3% 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LyondellBasell Industries 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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