Eastman Chemical Company (NYSE:EMN)
A global chemical company which manufactures and sells a portfolio of chemicals, plastics, and fibers. The Company's products and operations are managed and reported in five operating segments.
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Product commidizing ... squeezing margins and ROIC
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Chemicals and plastics both depend on oil and other feed stocks. When those prices increase, the price of the products must follow, often impacting sales, especially in weak economic times. I'm thinking the price per share will continue to decrease as the price of oil increases or least until this year's heating oil season is over. I'll watch this one until next quarter.
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My favorite pro stock pickers bought in for the long haul
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Recent acquisition impact might restrict growth in the short run, but added resource assets should help it to grow over the long run.
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Shedding underperforming businesses and moving towards more high-value specialty plastics mfg.
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takeover candidate
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iphone coming
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They have worked themselves out of hole by very smart cost cutting, product improvements, and good cash mgmt. The exec team is good.
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No significant research coverage. That's an advantage for an undervalued stock.
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if its good enough for Leucadia (53% of its holdings), it's OK for me...
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