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Three Commodity Chemicals Companies to Invest in Right Now

July 12, 2023
in Trade Tube
Reading Time: 1 min read
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The chemicals industry is a leader in manufacturing. It consists of 10,000 firms employing more than 780,000 people and supporting supply-chain employment of almost 3 million people. It is also a leading U.S. exporter. The industry is made up of Basic, Specialty, and Agricultural Chemicals, Pharmaceuticals, and Consumer Products. Let’s take a look at some of the best commodity chemicals companies TheStreet Quant Ratings says you should add to your portfolio, immediately. Number 3 is Calgon Carbon Corporation. With an ‘A-‘ rating, the company’s strengths can be seen in its revenue growth and increase in net income. 2nd is, Westlake Chemical Corporation. This rating is also an ‘A-.’ Westlake Chemical thrives in its reasonable valuation levels and good revenue growth. Number 1 is LyondellBasell Industries. With an ‘A-‘ rating the company flourishes in its increase in net income and notable return on equity. TheStreet Ratings are algorithmic stock picks based on 32 major data points. S&P 500 stocks rated ‘buy’ yielded a 16.5% percent return in 2014, beating the S&P 500 Total Return Index by more than 300 basis points. For the full reports on these stocks, you can check out TheStreet.com/QuantRatings.

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