3 Chemicals Stocks Pushing Industry Growth

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 5 points (0.0%) at 17,085 as of Friday, Aug. 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,872 issues advancing vs. 1,050 declining with 205 unchanged.

The Chemicals industry currently sits up 0.2% versus the S&P 500, which is up 0.2%.

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

3. Axiall ( AXLL) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Axiall is up $0.74 (1.8%) to $41.84 on light volume. Thus far, 174,783 shares of Axiall exchanged hands as compared to its average daily volume of 778,000 shares. The stock has ranged in price between $41.08-$41.93 after having opened the day at $41.08 as compared to the previous trading day's close of $41.11.

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

Axiall Corporation manufactures and markets chemicals and building products in North America. The company operates through three segments: Chlorovinyls, Building Products, and Aromatics. Axiall has a market cap of $2.9 billion and is part of the basic materials sector. Shares are down 13.3% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Axiall a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Axiall as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Axiall 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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