+ Watch CMP
on My Watchlist
The Company through its subsidiaries is a producer and marketer of inorganic mineral products with manufacturing sites in North America and the United Kingdom.
I like this coompany for some of the same reasons I like the aggregates industry(read pitch VMC- Vulcan Materials): their salt sales have a low cost per ton, meaning there is low risk of substitutes, there is minimal foreign competition and the market tends to be low competition due to geographical constraints(although not to the degree of aggregates). This pick is less dependent on the overall economy as well as the majority of sales are to the highway deicing market which is driven by weather conditions. The consumer segment is also relatively large and is very stable in nature helping stabilize profitablity. The portions of the business geared toward chemicals and specialty plant nutrients is a business of which I am less certain because of significant price fluctuations, but which appears to have the potential for growth in end markets and may gain pricing power due to supply constraints. I believe the current pricing represents a good value for a long term investor and should outperform the S&P over time.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions