The grades of three Chemicals stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.
KMG Chemicals (NYSE:KMG) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. In Portfolio Grader’s specific subcategories of Earnings Growth and Earnings Momentum, KMG also gets A’s. The stock price has risen 2.4% over the past month, better than the 1% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of KMG stock.
The rating of Cytec Industries (NYSE:CYT) moves up this week, rising from a C to a B. Cytec Industries is a global specialty chemicals and materials company that develops, manufactures, and sells value-added products. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 8.2% over the past month. For more information, get Portfolio Grader’s complete analysis of CYT stock.
Eastman Chemical (NYSE:EMN) boosts its rating from a C to a B this week. Eastman is a chemical company that manufactures and sells a portfolio of chemicals, plastics and fibers. For more information, get Portfolio Grader’s complete analysis of EMN stock.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.