3 Chemicals Stocks Driving The Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 186 points (1.1%) at 16,337 as of Thursday, Jan. 14, 2016, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,454 issues advancing vs. 1,529 declining with 133 unchanged.

The Chemicals industry currently sits up 0.5% versus the S&P 500, which is up 0.8%. Top gainers within the industry include Sherwin-Williams ( SHW), up 1.3%, and Praxair ( PX), up 1.0%. A company within the industry that fell today was Israel Chemicals ( ICL), up 2.1%.

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

3. Potash Corp of Saskatchewan ( POT) is one of the companies pushing the Chemicals industry higher today. As of noon trading, Potash Corp of Saskatchewan is up $0.15 (1.0%) to $15.84 on average volume. Thus far, 4.4 million shares of Potash Corp of Saskatchewan exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $15.37-$15.88 after having opened the day at $15.72 as compared to the previous trading day's close of $15.69.

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Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products worldwide. The company operates in three segments: Potash, Nitrogen, and Phosphate. Potash Corp of Saskatchewan has a market cap of $13.0 billion and is part of the basic materials sector. Shares are down 8.3% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Potash Corp of Saskatchewan a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Potash Corp of Saskatchewan as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Potash Corp of Saskatchewan Ratings Report now.

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2. As of noon trading, Mosaic ( MOS) is up $0.51 (2.1%) to $24.65 on average volume. Thus far, 2.4 million shares of Mosaic exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $23.76-$24.90 after having opened the day at $24.05 as compared to the previous trading day's close of $24.14.

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The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida. Mosaic has a market cap of $8.2 billion and is part of the basic materials sector. Shares are down 12.5% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Mosaic a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Mosaic as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Mosaic Ratings Report now.

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1. As of noon trading, LyondellBasell Industries ( LYB) is up $1.32 (1.8%) to $76.26 on average volume. Thus far, 1.9 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $73.94-$77.67 after having opened the day at $75.61 as compared to the previous trading day's close of $74.94.

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LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. LyondellBasell Industries has a market cap of $35.1 billion and is part of the basic materials sector. Shares are down 13.8% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate LyondellBasell Industries a buy, 1 analyst rates it a sell, and 6 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 solid stock price performance, notable return on equity, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full LyondellBasell Industries 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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