Watchout for breakout - CHEMCON
Watch out for an immediate break out in this stock.
This is a fundamentally strong specialty chemical stock with an operating margin >30%. 75% percent of their business is in Pharma chemicals, which is a high margin business. As per earning calls, management seems to be confident of maintaining the margin and expect the business to grow multifold in coming years. Its trading at a low P/E of 17.5 while other pharma chemical companies trade at a P/E of about 50.
This is a fundamentally strong specialty chemical stock with an operating margin >30%. 75% percent of their business is in Pharma chemicals, which is a high margin business. As per earning calls, management seems to be confident of maintaining the margin and expect the business to grow multifold in coming years. Its trading at a low P/E of 17.5 while other pharma chemical companies trade at a P/E of about 50.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。