I've liked specialty chemical company Innospec (NASDAQ:IOSP)
as an operating entity for some time, but I've been less excited about
the stock given its valuation. The shares are now down more than 20%
from my initial write up and down a similar amount since my last write up,
though, and that makes the risk-reward balance more interesting. While I
do have some concerns that demand in Europe for the company's fuel
additives will weaken further, I like the long-term outlook for the
company's oilfield chemical and personal care performance chemical
operations.
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Sluggish European Demand May Be Opening A Window Into Innospec
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