According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best chemical stocks to buy right now are:
1. Green Plains (NASDAQ:GPRE)
The Component Grade breakdown for Green Plains (NASDAQ:GPRE) is: Value: A, Growth: B, Momentum: C, Sentiment: B, Safety: D, Financials: B, and AI: C.
Green Plains (NASDAQ:GPRE) has a Due Diligence Score of 36, which is 8 points higher than the chemical industry average of 28.
GPRE passed 14 out of 38 due diligence checks and has average fundamentals. Green Plains has seen its stock return 70.8% over the past year, overperforming other chemical stocks by 49 percentage points.
Green Plains has an average 1 year
price target of $18.25, an upside of 20.94% from Green Plains's current stock price of $15.09.
Green Plains stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Green Plains, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Westlake Chemical Partners (NYSE:WLKP)
The Component Grade breakdown for Westlake Chemical Partners (NYSE:WLKP) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: A.
Westlake Chemical Partners (NYSE:WLKP) has a Due Diligence Score of 46, which is 18 points higher than the chemical industry average of 28.
WLKP passed 17 out of 38 due diligence checks and has strong fundamentals. Westlake Chemical Partners has seen its stock lose -2.87% over the past year, underperforming other chemical stocks by -24 percentage points.
3. Methanex (NASDAQ:MEOH)
Methanex (NASDAQ:MEOH) is the #3 top chemical stock out of 16 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Methanex (NASDAQ:MEOH) is: Value: B, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: B.
Methanex (NASDAQ:MEOH) has a Due Diligence Score of 29, which is 1 points higher than the chemical industry average of 28.
MEOH passed 10 out of 38 due diligence checks and has average fundamentals. Methanex has seen its stock return 70.15% over the past year, overperforming other chemical stocks by 49 percentage points.
Methanex has an average 1 year
price target of $68.86, an upside of 24.67% from Methanex's current stock price of $55.23.
Methanex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Methanex, 28.57% have issued a Strong Buy rating, 42.86% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.