NewMarket, through its subsidiaries, develops, manufactures, blends, and delivers performance chemical additives that enhance the performance of petroleum products, and markets and sells these chemical additives worldwide.
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I believe NEU is over-sold and set for reasonable growth as a company and great growth as an investment.Currently sitting just barely above the 52-week low with a corresponding low P/E.
CycleFreak7,NEU is back-Pedaling. You are correct, SIR ( as Ed McMahon all-WAY-s said to Johnny Carson.)Hang in there !! - they announced announce a $50 Million Buy-Back in Oct 2007 & increased theDividend ( now ~ 1.5% annually ). LOW stock price would mean more shares re-purchasded - concentrating ShareHolders' Value in an Anti-Dilutive fashion.NEU is run by the Gottwald family in Richmond, VA. The very least that you could say about them is this : " Momma didn't raise any FOOLish children ".RioRRawGnIkIv