Chemical Stocks

This Chemicals Stocks forecast is designed for investors and analysts who need predictions of the best chemical stocks to buy for the whole Chemistry Industry (see Chemicals Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best chemical stocks to buy:

• Top 10 Chemical stocks for the long position
• Top 10 Chemical stocks for the short position

Package Name: Chemicals Stocks
Recommended Positions: Long
Forecast Length: 3 Days (9/13/2020 – 9/17/2020)
I Know First Average: 5.9%

During the 3 Days forecasted period several picks in the Chemicals Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The top performing prediction from this package was GRA with a return of 8.98%. Further notable returns came from FTK and CE at 8.43% and 7.17%, respectively. The package saw an overall yield of 5.9% versus the S&P 500’s return of 0.48% implying a market premium of 5.42%.

W. R. Grace & Co. produces and sells specialty chemicals and materials worldwide. It operates through three segments: Grace Catalysts Technologies, Grace Materials Technologies, and Grace Construction Products. The Grace Catalysts Technologies segment offers fluid catalytic cracking (FCC) catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and other petroleum-based products; FCC additives; and hydro processing catalysts used in process reactors to upgrade heavy oils into lighter products. This segment also provides polyolefin catalysts and catalyst supports for the production of polypropylene and polyethylene thermoplastic resins; and chemical catalysts used in various industrial, environmental, and consumer applications, as well as gas-phase polypropylene process technology to manufacture polypropylene products. The Grace Materials Technologies segment offers silica-based and silica-alumina-based engineered materials for use in coatings and print media, consumer, and industrial applications, as well as pharmaceutical, life science, and related applications; and packaging products, including can and closure sealants, coatings for cans and closures, and scavenging technologies. The Grace Construction Products segment provides specialty construction chemicals, such as concrete admixtures and polymeric fibers; additives for cement processing; admixtures for masonry concrete; and process control solutions for ready-mix concrete. This segment also offers specialty building materials for new construction and renovation/repair projects that include waterproofing membranes and roofing underlayments for commercial and residential buildings; chemical grouts for use in waterproofing and soil stabilization applications; air and vapor barriers; cementitious grouts; passive fire protection products; and products for decorative/architectural concrete. W. R. Grace & Co. was founded in 1854 and is headquartered in Columbia, Maryland.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.