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: C, 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 68.73% over the past year, overperforming other chemical stocks by 51 percentage points.
Green Plains has an average 1 year
price target of $18.25, an upside of 17.44% from Green Plains's current stock price of $15.54.
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. Methanex (NASDAQ:MEOH)
Methanex (NASDAQ:MEOH) is the #2 top chemical stock out of 16 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: 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 59.44% over the past year, overperforming other chemical stocks by 41 percentage points.
Methanex has an average 1 year
price target of $68.86, an upside of 27.02% from Methanex's current stock price of $54.21.
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.
3. 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 54, which is 26 points higher than the chemical industry average of 28.
REX passed 18 out of 33 due diligence checks and has strong fundamentals. Rex American Resources has seen its stock return 59.42% over the past year, overperforming other chemical stocks by 41 percentage points.