Beta indicates the volatility of a particular stock with respect to the market. Beta measures the extent of stock price movement relative to the market. Here's a strategy that clearly shows that stocks with lower risks can be profitable.

Monsanto’s cost of sales dropped 3.2% year over year to $1,346 million during the fiscal first quarter. Gross profit margin expanded 190 basis points (bps) to 49.4% during the quarter.

Estimates for KMG are moving in the right direction.The July 2018 fiscal year has a $3.17 number as the Zacks Consensus Estimate and that is up from the $2.76 level it stood at in November.

While the balance sheet isn’t that impressive, the rising margins show management is very good at its job. The company has taken advantage of low interest rates to refund its debt; interest rate expenses are under control.

The chemical industry is back on track after a long detour.