$27.64
-0.85 (-2.98%)
The Dow Chemical Company (DOW)
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The company offers a innovative chemical, plastic and agricultural products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care.
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I'm not sure people realize the fundamental change that has occurred in DOW's business model. Several joint venture companies have been formed and virtually every one will provide DOW with distinct advantages relative to raw materials and markets. The Saudi JV provides a stable, low cost supply of petro. The JV in Brazil with a stable raw material for many plastic products. DOW should be less cyclical than in the past, and with the $1.68 dividend, (4% yield) a dividend reinvestment policy should provide 10% + annual growth over the next few years with little risk.
GREAT POST!