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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This company deals with chemicals used in automotive industry and is likely to improve its revenue as the automotive industry recovers from recession. It has decent P/E and very good P/S. This company is in the growth trajectory as its PEG is less than 1. With no debt it has decent Return on Equity/Assets. It has a substantial insider holding and a small payout ratio. I am bullish.