Posted on 04/20/2010 6:23:45 AM PDT by Slyscribe
If manufacturing is leading the global recovery, chemicals are greasing the skids. While industry giants DuPont (DD) and Dow Chemical (DOW) are doing OK, several specialty chemicals firms are outperforming. Like many other IBD 100 firms, these companies have found a formula for turning modest sales gains into large profit growth.
12. KMG Chemicals Inc. (KMGB)
The maker of electronics chemicals and other specialty products has enjoyed three straight quarters of triple-digit earnings growth. But sales have barely budged. They rose 2% in fiscal Q2 after three straight quarters of year-over-year declines.
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I like “My Chemical Romance”. “Teenagers” is a pretty funny song.
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