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2 Top Chemical Stocks to Buy, 2 to Avoid -Breaking

by Mike Robinson

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© Reuters. Two top chemical stocks to buy, and two to avoid

The demand for plastics is driving the recovery of the chemical industry from its pandemic lows. This industry has great potential for the next year. Chemical stocks Linde (NYSE 🙂 and Westlake(WLK) could be good bets right now. We think that Chemicals and Air Products (NYSE:), which are fundamentally weak, have many issues with their supply chains and face other operational disruptions. Albemarle Avoid (NYSE:). Keep reading. According to the International Energy Agency, (IEA), this industry is currently rebounding after pandemic lows fueled by strong demand of substances such as plastics and methanol.

Due to the economic recovery and relaxation of pandemic restrictions, the United States’ chemical industry will see a rebound in 2022. The U.S. is expected to see a 3% increase in chemical volume in 2022 and a 8% rise in chemical shipping in 2021-2022. This backdrop is why we believe Linde plc’s (LIN) fundamentally sound chemicals stocks are important. Westlake Chemical Corporation (NYSE: ) is a solid investment now.

Chemical firms are suffering from supply chain problems and inflationary consequences. Therefore, fundamentally unfavorable stocks like Albemarle Corporation and Air Products and Chemicals, Inc. are best avoided.

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