Industrial Chemicals: 3 Stocks Poised for Growth in the New Year
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The chemicals industry has seen a decline in growth post-pandemic, with companies achieving less than 2% growth per year since late 2022, compared to a 24% increase in global indexes.
December 23, 2024 | 1:30 pm
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Balchem Corporation (BCPC) is part of the chemicals industry, which has seen a significant slowdown in growth post-pandemic, achieving less than 2% growth per year since late 2022.
BCPC, as a chemicals company, is likely affected by the industry's overall slowdown in growth. The sector's underperformance compared to global indexes suggests potential short-term pressure on BCPC's stock price.
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