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: C, Safety: C, Financials: B, and AI: C.
Green Plains (NASDAQ:GPRE) has a Due Diligence Score of 31, which is 4 points higher than the chemical industry average of 27.
GPRE passed 12 out of 38 due diligence checks and has average fundamentals. Green Plains has seen its stock return 60.83% over the past year, overperforming other chemical stocks by 48 percentage points.
Green Plains has an average 1 year
price target of $18.25, an upside of 21.1% from Green Plains's current stock price of $15.07.
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. Rex American Resources (NYSE:REX)
The Component Grade breakdown for Rex American Resources (NYSE:REX) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: B.
Rex American Resources (NYSE:REX) has a Due Diligence Score of 55, which is 28 points higher than the chemical industry average of 27.
REX passed 18 out of 33 due diligence checks and has strong fundamentals. Rex American Resources has seen its stock return 44.99% over the past year, overperforming other chemical stocks by 32 percentage points.
3. Methanex (NASDAQ:MEOH)
Methanex (NASDAQ:MEOH) is the #3 top chemical stock out of 17 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Methanex (NASDAQ:MEOH) is: Value: B, Growth: A, Momentum: C, Sentiment: D, Safety: C, Financials: C, and AI: B.
Methanex (NASDAQ:MEOH) has a Due Diligence Score of 31, which is 4 points higher than the chemical industry average of 27.
MEOH passed 11 out of 38 due diligence checks and has average fundamentals. Methanex has seen its stock return 46.47% over the past year, overperforming other chemical stocks by 34 percentage points.
Methanex has an average 1 year
price target of $70.40, an upside of 21.78% from Methanex's current stock price of $57.81.
Methanex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Methanex, 20% have issued a Strong Buy rating, 40% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.