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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (0.0%) at 17,542 as of Wednesday, Aug. 5, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,510 issues advancing vs. 1,477 declining with 142 unchanged.

The Chemicals industry currently sits up 0.3% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Mosaic ( MOS), up 0.7%, and Dow Chemical ( DOW), up 0.5%. A company within the industry that fell today was E I du Pont de Nemours & Company ( DD), up 0.6%.

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

3. Braskem ( BAK) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Braskem is up $0.26 (3.9%) to $7.10 on average volume. Thus far, 252,915 shares of Braskem exchanged hands as compared to its average daily volume of 520,100 shares. The stock has ranged in price between $6.95-$7.15 after having opened the day at $7.02 as compared to the previous trading day's close of $6.83.

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Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. Braskem has a market cap of $2.6 billion and is part of the basic materials sector. Shares are down 47.1% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Braskem a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Braskem as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins. Get the full Braskem Ratings Report now.

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2. As of noon trading, International Flavors & Fragrances ( IFF) is up $1.34 (1.2%) to $117.34 on average volume. Thus far, 175,726 shares of International Flavors & Fragrances exchanged hands as compared to its average daily volume of 462,200 shares. The stock has ranged in price between $116.61-$118.08 after having opened the day at $117.19 as compared to the previous trading day's close of $116.00.

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International Flavors & Fragrances Inc., together with its subsidiaries, creates, manufactures, and supplies flavors and fragrances for use in various consumer products worldwide. The company operates in two segments, Flavors and Fragrances. International Flavors & Fragrances has a market cap of $9.3 billion and is part of the basic materials sector. Shares are up 14.4% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate International Flavors & Fragrances a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates International Flavors & Fragrances 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full International Flavors & Fragrances Ratings Report now.

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1. As of noon trading, Air Products & Chemicals ( APD) is up $0.84 (0.6%) to $146.93 on average volume. Thus far, 574,415 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $145.36-$148.56 after having opened the day at $147.75 as compared to the previous trading day's close of $146.09.

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Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates in Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy segments. Air Products & Chemicals has a market cap of $31.4 billion and is part of the basic materials sector. Shares are up 1.3% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Air Products & Chemicals a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Air Products & Chemicals as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Air Products & Chemicals Ratings Report now.

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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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