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. 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: C.
Westlake Chemical Partners (NYSE:WLKP) has a Due Diligence Score of 43, which is 16 points higher than the chemical industry average of 27.
WLKP passed 15 out of 38 due diligence checks and has strong fundamentals. Westlake Chemical Partners has seen its stock lose -2.7% over the past year, overperforming other chemical stocks by 26 percentage points.
2. Rex American Resources (NYSE:REX)
The Component Grade breakdown for Rex American Resources (NYSE:REX) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Rex American Resources (NYSE:REX) has a Due Diligence Score of 41, which is 14 points higher than the chemical industry average of 27.
REX passed 13 out of 33 due diligence checks and has strong fundamentals. Rex American Resources has seen its stock return 40.75% over the past year, overperforming other chemical stocks by 70 percentage points.
Rex American Resources has an average 1 year
price target of $50.00, a downside of -17.8% from Rex American Resources's current stock price of $60.83.
Rex American Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Rex American Resources, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Advansix (NYSE:ASIX)
Advansix (NYSE:ASIX) is the #3 top chemical stock out of 17 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Advansix (NYSE:ASIX) is: Value: A, Growth: D, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Advansix (NYSE:ASIX) has a Due Diligence Score of 51, which is 24 points higher than the chemical industry average of 27.
ASIX passed 19 out of 38 due diligence checks and has strong fundamentals. Advansix has seen its stock lose -19.89% over the past year, overperforming other chemical stocks by 9 percentage points.
Advansix has an average 1 year
price target of $32.00, an upside of 49.05% from Advansix's current stock price of $21.47.
Advansix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Advansix, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.