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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 27 points higher than the specialty chemical industry average of 36. It passed 23 out of 38 due diligence checks and has strong fundamentals. Oil Dri Of America has seen its stock return 78.49% over the past year, overperforming other specialty chemical stocks by 66 percentage points.

Hudson Technologies (NASDAQ:HDSN) is the second best specialty chemical stock with a Zen Score of 59, which is 23 points higher than the specialty chemical industry average of 36. It passed 18 out of 33 due diligence checks and has strong fundamentals. Hudson Technologies has seen its stock return 20.13% 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 42.39% from Hudson Technologies's current stock price of $9.13.

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.

Eastman Chemical Co (NYSE:EMN) is the third best specialty chemical stock with a Zen Score of 57, which is 21 points higher than the specialty chemical industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. Eastman Chemical Co has seen its stock return 22.52% over the past year, overperforming other specialty chemical stocks by 10 percentage points.

Eastman Chemical Co has an average 1 year price target of $106.58, an upside of 9.32% from Eastman Chemical Co's current stock price of $97.50.

Eastman Chemical Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Eastman Chemical Co, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 3.54%. 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 9.02%, which is 5 percentage points higher than the specialty chemical industry average of 3.54%. 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 6.33%, which is 3 percentage points higher than the specialty chemical industry average of 3.54%. 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 0.55% in the last day, and up 1.8% over the last week.

We couldn't find a catalyst for why specialty chemical stocks are up.

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 66 points higher than the specialty chemical industry average of 34. It passed 7 out of 7 valuation due diligence checks.

Hudson Technologies's stock has gained 20.13% 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 37 points higher than the specialty chemical industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Core Molding Technologies's stock has dropped -5.31% in the past year. It has underperformed other stocks in the specialty chemical industry by -18 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 37 points higher than the specialty chemical industry average of 34. It passed 5 out of 7 valuation due diligence checks.