Many specialty chemicals spent the last six months going nowhere fast, OM Group (OMG)
included. I've been watching this one, wondering if there might be a
chance to get shares before the business started to improve on better
demand in Europe. I don't think you can say that a recovery in Europe is
a fait accompli, particularly in the passenger vehicle industry,
but demand for automation, electrical, energy conversion, and
alternative energy seems to be picking up. Considering the combination
of recovering markets and a clean balance sheet with which to make
accretive acquisitions, I like OM Group at these levels.
Continue reading here:
OM Group Could Be Ready To Run On A Stronger Europe
No comments:
Post a Comment