Article Abstract:
Earnings for the 4th qtr of 1999 improved over the 3rd qtr due to lower costs and better demand later in the year. Profits are expected to improve in the year 2000 for the chemical industry, but a slowdown in the US economy could have a negative effect. These stocks are not timely for short-term investors, but several have potential for the next three to five years.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Chemical (basic) industry profits for 2001 are expected to be below those of the year 2000. Cost-cutting is being instituted as a result at many companies. These are not attractive stocks for investors in 2001.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Earnings for the basic chemical industry are expected to improve in the year 2002 due to cost-cutting efforts by the companies comprising this sector. Industry consolidation and other factors are also helping the bottom line. However, these stocks are not attractive for investors in 2001.
User Contributions:
Comment about this article or add new information about this topic: