3 Chemicals Stocks to Buy Now

by Portfolio Grader | August 31, 2012 9:03 am

The grades of three Chemicals stocks are better this week, according to the Portfolio Grader[1] database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

KMG Chemicals (NYSE:KMG[2]) 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[3].

The rating of Cytec Industries (NYSE:CYT[4]) 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[5].

Eastman Chemical (NYSE:EMN[6]) 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[7].

Louis Navellier’s proprietary Portfolio Grader[8] 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[9].

Source URL: https://investorplace.com/2012/08/3-chemicals-stocks-to-buy-now-kmg-cyt-emn/

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