agro chemical sector: Bad news flow & good stock prices: 5 agro-chemical stocks with upside potential of up to 30%
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Synopsis What is the news flow regarding the agrochemical sector today? Probably the following: China is dumping, there is over capacity in many segments, over inventory issues are plaguing the industry globally, erratic weather conditions in different parts of the world. One would feel agro chemical stocks are better avoided now. But in markets, when the news flow is bad, stock prices are probably good. Also, in the case of the agro chemicals sector, it's mostly short term issues. So, it is time to keep them on the watch list. Right from the sudden rise in industry inventory to oversupply following the resumption of Chinese production, to some Indian companies facing issues in the supply chain of manufacturing agrochemicals, today the majority of the news flow is bad about the sector. This is exactly opposite of what it was close to three years back, when the sector was witnessing more than its fair share of attention on the street....