$83.38
1.44 (+1.76%)
NewMarket Corp (NEU)
CAPS Rating:
NewMarket, through its subsidiaries, develops, manufactures, blends, and delivers performance chemical additives that enhance the performance of petroleum products, and markets and sells these chemical additives worldwide.
Recs
This company deals with chemicals used in automotive industry and is likely to improve its revenue as the automotive industry recovers from recession. It has decent P/E and very good P/S. This company is in the growth trajectory as its PEG is less than 1. With no debt it has decent Return on Equity/Assets. It has a substantial insider holding and a small payout ratio. I am bullish.