Friday, November 22, 2013

3 Chemicals Stocks to Buy Now

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The grades of three chemicals stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, Axiall Corporation () is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Axiall Corporation operates as an integrated chemicals and building products company in North America and Asia. In Portfolio Grader’s specific subcategories of Earnings Revisions, Earnings Surprise, and Equity, AXLL also gets A’s. .

Stepan Company () is seeing ratings go up from a B last week to an A this week. Stepan Company produces specialty and intermediate chemicals that are sold to other manufacturers. .

This week, PetroLogistics LP () is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). PetroLogistics owns and operates propane dehydrogenation facility that processes propane into propylene. .

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.

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