I certainly can’t say that Olin (OLN) has been left behind over the last year or so. Between a recovering economy and the hiring of a new CEO in 2020, Olin shares have risen almost 170% since the July 15, 2020 announcement that Scott Sutton would become the company’s new CEO, outpacing most of the company’s peers and comps (except Hexion (OTCPK:HXOH)), including Dow (DOW) and Westlake (WLK), by a healthy margin.
Although Olin is already trading at its highest levels in three years, I think the combination of cyclical demand recovery and a meaningfully different operating philosophy under the new CEO can drive further upside into the mid-$30’s.
Follow this link to the full article:
Olin Corp. Leveraged To Cyclical Improvements And A Major Strategic Shift
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