Chemical/diversified industry
Article Abstract:
Stocks in the diversified chemical industry have been outpaced by other US industries since Nov 1998, and are in the bottom timeliness quartile in the 2nd qtr of 1999. American chemical companies which operate in other markets have been impacted by the international economy, and some US companies have made acquisitions, divestments, or engaged in other methods to improve income and the bottom-line. Most of these stocks are expected to underperform the market in 1999 and the year 2000, but some have capital gains potential through the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Chemical/diversified industry
Article Abstract:
Stocks in the diversified chemical industry have low timeliness rankings in 1999 due to poor earnings and low stock prices, though some US firms are expected to do well in the near future. The economic forecast for the industry, both in the US and abroad, is mixed and the industry is working to improve its bottom line through enhanced productivity and lower costs. These stocks are expected to trail the market in 1999 and the year 2000, but several have good earnings potential for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: