One stock that might be an intriguing choice for investors right
Westlake Chemical Corp.
). This is because this security in the Specialty Chemicals space
is seeing solid earnings estimate revision activity, and is in
great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all
boats in an industry, as there can be broad trends taking place in
a segment that are boosting securities across the board. This is
arguably taking place in the Specialty Chemicals space as it
currently has a Zacks Industry Rank of 7 out of more than 250
industries, suggesting it is well-positioned from this perspective,
especially when compared to other segments out there.
Meanwhile, Westlake Chemical is actually looking pretty good on its
own too. The firm has seen solid earnings estimate revision
activity over the past month, suggesting analysts are becoming a
bit more bullish on the firm's prospects in both the short and long
Over the past month, current quarter estimates have risen from
$1.34 per share to $1.38 per share, while current year estimates
have risen from $5.08 per share to $5.17 cents per share. The
company currently holds a Zacks Rank #2 (Buy), which is also a
So, if you are looking for a decent pick in a strong industry,
consider Westlake Chemical. Not only is its industry currently in
the top third, but it is seeing solid estimate revisions as of
late, suggesting it could be a very interesting choice for
investors seeking a name in this great industry segment.
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