The Chemours Company (CC) managed to rebound with the stock climbing 2.21% or $0.54 to close the day at $25.02 on light trading volume of 2.58M shares, compared to its three month average trading volume of 3.84M. The Wilmington Delaware 19899 based company has been outperforming the specialty chemicals group over the past 52 weeks, with the stock gaining 605.38%, compared to the industry which has advanced 31.46% over the same period. With RSI of 60.3, the stock should still continue to rise and get closer to its one year target estimate of $22.43, making it a hold for now.
The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates in three segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. The Titanium Technologies segment produces and sells titanium dioxide (TiO2) under the Ti-Pure brand name to deliver whiteness, brightness, opacity, and protection in various applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, PVC window profiles, laminate papers, coated paper, and coated paperboard used for packaging. The Fluoroproducts segment provides fluoroproducts, such as hydrofluorocarbon refrigerants, and fluoropolymer resins and downstream products and coatings under the Teflon brand name. The Chemical Solutions segment offers industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries in North America. This segment provides cyanides; and performance chemicals and intermediates, such as clean and disinfect chemicals, aniline, methylamines, glycolic acid, Vazo free radical initiators, and reactive metals. The company is headquartered in Wilmington, Delaware.
Arconic Inc. (ARNC) grew with the stock adding 0.68% or $0.14 to close at $20.88 on light trading volume of 2.58M compared its three months average trading volume of 6.64M. The New York New York 10022 based company has been trending up for the last 52 weeks, with the shares price now 39.88% up for the period and up by 12.62% so far this year. With price target of $23.2 and a 53.55% rebound from 52-week low, Arconic Inc. has plenty of upside potential, making it a hold with a view buy.
Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.
Emerson Electric Co. (EMR) managed to rebound with the stock climbing 1.62% or $0.91 to close the day at $57.22 on lower than average trading volume of 2.58M shares, compared to its three month average trading volume of 3.61M. The St. Louis Missouri 63136 based company has been outperforming the industrial electrical equipment companies by 16.144% for last three months and its recent gains have pushed the stock slightly up 2.64% YTD, versus the industrial electrical equipment industry which is up 2.25% for the same period. The RSI of 55.09 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The companys Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. It also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. This segment serves oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metal and mining, and municipal water supplies markets. Its Industrial Automation segment provides fluid power and control products; electrical distribution equipment; and materials joining and precision cleaning products, as well as hermetic motors. The companys Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls, and remote monitoring technology and services to residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and marine control areas. Its Commercial & Residential Solutions segment provides tools for professionals and homeowners; home storage systems; and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, Missouri.