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Stock to avoid #6 -- Eastman Chemical (EMN)

 Jul 19, 2009 02:00 PM UTC
Return Risk
+43.39% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
EMN Negative 07/19/09 -49.66% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Sell

Eastman Chemical stock, EMNSimilar to Dupont, I selected Eastman Chemical (NYSE: EMN) as a stock to avoid due to rising input prices and low margins. It is a simple formula that cannot be broken: If a company cannot pass along higher costs, it will make less.


The market has yet to grasp that concept with respect to EMN. The stock has more than doubled since bottoming in March and has skyrocketed during the second quarter. This is in stock contrast to the poor performance at Dupont.


Continue reading Stock to avoid #6 -- Eastman Chemical (EMN)

Stock to avoid #6 -- Eastman Chemical (EMN) originally appeared on BloggingStocks on Sun, 19 Jul 2009 09:00:00 EST. Please see our terms for use of feeds.

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