Stocks drop amid Fed, concerns over Trump agenda >>> READ MORE

3 Under-the-Radar Triple-A Stocks to Buy

      View All  

Aceto (ACET)

Aceto-corporation-acet-stockAceto (ACET) sources and sells the ingredients for pharmaceutical products. ACET operates in three divisions:

  • Human Health Division: Provides the raw material used in nutritional and packaged dietary supplements, including vitamins, amino acids, iron compounds, and bio chemicals used in pharmaceutical and nutritional preparations.
  • Performance Chemicals: Provides chemicals that are used in textiles, plastics and energy industries among others.
  • Pharmaceutical Ingredients: Sells active pharmaceutical ingredients and pharmaceutical intermediates to various generic drug companies.

Business is picking up for Aceto, and the company just posted a triple-digit earnings surprise, plus analysts have been raising their estimates for this year.

Portfolio Grader raised ACET stock to an “A” ranking in November, and the stock remains a strong buy at the current price.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC