Ingevity NGVT is a specialty chemical company that few have heard of. It specializes in pine oil chemicals, tall oil fatty acids and activated carbon products. Spun-off from WestRock in 2016, shares have been soaring along with earnings and revenue growth. This Zacks Rank #1 (Strong Buy) almost made it into the Zacks 2018 Top Ten Stocks portfolio. Earnings are expected to rise 36% this year and another 23.5% in 2019.
The Mosaic Company MOS makes potash and phosphate fertilizers. This industry has had sinking fortunes the last few years as fertilizer prices have crashed. Times have been so rough, that most investors have fled. The stock sank to a 5-year low in 2017. But could that have been the bottom? Over the last few months, fertilizer prices have rebounded to 2-year highs. This Zacks Rank #2 (Buy) is expected to grow earnings by 23% in 2018 and by another 28% in 2019.
Should these two companies be on your investing short list? Find out in this week's video.
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.