Chemical/diversified industry
Article Abstract:
Retail spending, construction, and manufacturing, combined with the lack of inflation, are expected to be the drivers of economic performance in 1998. A slowdown is being experienced in 1997 by the diversified chemical industry, with overseas economic turmoil a concern, but there has been increased demand for electronics chemicals, and for some fertilizers. These stocks are not timely for 1998, and investors must be selective in their choices.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Chemical/diversified industry
Article Abstract:
The diversified chemical industry mirrored the US economy in 1997 which had strong growth in the 4th qtr and low inflation, and this is expected to be the case in 1998, as well. However, there are concerns in the international sector of the industry for changes in foreign currency rates, and the forecast for the fertilizer segment is mixed. This industry is not timely in 1998, and investors must concentrate on safely-rated stocks.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic: