According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best specialty chemical stocks to buy right now are:
1. Ingevity (NYSE:NGVT)
Ingevity (NYSE:NGVT) is the #1 top specialty chemical stock out of 56 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Ingevity (NYSE:NGVT) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Ingevity (NYSE:NGVT) has a Due Diligence Score of 6, which is -30 points lower than the specialty chemical industry average of 36. Although this number is below the industry average, our proven quant model rates NGVT as a "A".
NGVT passed 2 out of 33 due diligence checks and has weak fundamentals. Ingevity has seen its stock lose -35.01% over the past year, underperforming other specialty chemical stocks by -20 percentage points.
Ingevity has an average 1 year
price target of $48.50, an upside of 55.9% from Ingevity's current stock price of $31.11.
Ingevity stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ingevity, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Oil Dri Of America (NYSE:ODC)
The Component Grade breakdown for Oil Dri Of America (NYSE:ODC) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: C.
Oil Dri Of America (NYSE:ODC) has a Due Diligence Score of 47, which is 11 points higher than the specialty chemical industry average of 36.
ODC passed 17 out of 38 due diligence checks and has strong fundamentals. Oil Dri Of America has seen its stock return 19.31% over the past year, overperforming other specialty chemical stocks by 34 percentage points.
3. Perimeter Solutions (NYSE:PRM)
The Component Grade breakdown for Perimeter Solutions (NYSE:PRM) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Perimeter Solutions (NYSE:PRM) has a Due Diligence Score of 22, which is -14 points lower than the specialty chemical industry average of 36. Although this number is below the industry average, our proven quant model rates PRM as a "B".
PRM passed 7 out of 33 due diligence checks and has weak fundamentals. Perimeter Solutions has seen its stock return 33.56% over the past year, overperforming other specialty chemical stocks by 48 percentage points.
Perimeter Solutions has an average 1 year
price target of $14.00, an upside of 44.78% from Perimeter Solutions's current stock price of $9.67.
Perimeter Solutions stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Perimeter Solutions, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.