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Best Specialty Chemical Stocks to Buy Now (2024)

Top specialty chemical stocks in 2024 ranked by overall Zen Score. See the best specialty chemical stocks to buy now, according to analyst forecasts for the specialty chemicals industry.

According to Zen Score, the 3 best specialty chemical stocks to buy right now are:

Oil Dri Of America (NYSE:ODC) is the top specialty chemical stock with a Zen Score of 63, which is 28 points higher than the specialty chemical industry average of 35. It passed 23 out of 38 due diligence checks and has strong fundamentals. Oil Dri Of America has seen its stock return 86.1% over the past year, overperforming other specialty chemical stocks by 74 percentage points.

Eastman Chemical Co (NYSE:EMN) is the second best specialty chemical stock with a Zen Score of 59, which is 24 points higher than the specialty chemical industry average of 35. It passed 21 out of 38 due diligence checks and has strong fundamentals. Eastman Chemical Co has seen its stock return 22.29% over the past year, overperforming other specialty chemical stocks by 10 percentage points.

Eastman Chemical Co has an average 1 year price target of $106.31, an upside of 7.65% from Eastman Chemical Co's current stock price of $98.75.

Eastman Chemical Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Eastman Chemical Co, 46.15% have issued a Strong Buy rating, 0% have issued a Buy, 53.85% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Hudson Technologies (NASDAQ:HDSN) is the third best specialty chemical stock with a Zen Score of 59, which is 24 points higher than the specialty chemical industry average of 35. It passed 18 out of 33 due diligence checks and has strong fundamentals. Hudson Technologies has seen its stock return 20.59% over the past year, overperforming other specialty chemical stocks by 8 percentage points.

Hudson Technologies has an average 1 year price target of $13.00, an upside of 38.74% from Hudson Technologies's current stock price of $9.37.

Hudson Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Hudson Technologies, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 38 specialty chemical stocks that have issued dividends in the past year, the 3 specialty chemical stocks with the highest dividend yields are:

Futurefuel (NYSE:FF) has an annual dividend yield of 50.93%, which is 47 percentage points higher than the specialty chemical industry average of 3.5%. Futurefuel's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Futurefuel's dividend has shown consistent growth over the last 10 years.

Futurefuel's dividend payout ratio of 28.2% indicates that its high dividend yield is sustainable for the long-term.

Sasol (NYSE:SSL) has an annual dividend yield of 8.83%, which is 5 percentage points higher than the specialty chemical industry average of 3.5%. Sasol's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Sasol's dividend has not shown consistent growth over the last 10 years.

Sasol's dividend payout ratio of 169.2% indicates that its high dividend yield might not be sustainable for the long-term.

Kronos Worldwide (NYSE:KRO) has an annual dividend yield of 6.25%, which is 3 percentage points higher than the specialty chemical industry average of 3.5%. Kronos Worldwide's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Kronos Worldwide's dividend has shown consistent growth over the last 10 years.

Kronos Worldwide's dividend payout ratio of -176.7% indicates that its high dividend yield might not be sustainable for the long-term.

Specialty chemical stocks were up 1.14% in the last day, and up 1.97% over the last week. International Flavors & Fragrances was the among the top gainers in the specialty chemicals industry, gaining 2.33% yesterday.

IFF shares are trading higher after the company reported strong Q1 results and said it expects FY24 revenue to trend towards the higher end of its guidance range.

Based on WallStreetZen's Valuation Score, the 3 most undervalued specialty chemical stocks right now are:

Hudson Technologies (NASDAQ:HDSN) is the most undervalued specialty chemical stock based on WallStreetZen's Valuation Score. Hudson Technologies has a valuation score of 100, which is 67 points higher than the specialty chemical industry average of 33. It passed 7 out of 7 valuation due diligence checks.

Hudson Technologies's stock has gained 20.59% in the past year. It has overperformed other stocks in the specialty chemical industry by 8 percentage points.

Core Molding Technologies (NYSEMKT:CMT) is the second most undervalued specialty chemical stock based on WallStreetZen's Valuation Score. Core Molding Technologies has a valuation score of 71, which is 38 points higher than the specialty chemical industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Core Molding Technologies's stock has gained 1.31% in the past year. It has underperformed other stocks in the specialty chemical industry by -11 percentage points.

Arcadium Lithium (NYSE:ALTM) is the third most undervalued specialty chemical stock based on WallStreetZen's Valuation Score. Arcadium Lithium has a valuation score of 71, which is 38 points higher than the specialty chemical industry average of 33. It passed 5 out of 7 valuation due diligence checks.