E Daily Stock Pick: Dow Inc

A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of five materials sector stocks this week striving to join my Volio folio. This could be my thirty-fourth pick for Volio!

That basic materials sector includes thirteen industries all related to mining, making, and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals; steel; paper; silver; specialty chemicals; gold.

My subject today is a chemical company named, Dow Inc. Its trading ticker symbol is DOW. This is my second report on Dow Inc this year. And I did one last year too. Both aimed at this portfolio/

Dow Inc is a diversified chemical manufacturing company. It combining science and technology to develop innovative solutions that are essential to human progress. Dow's portfolio is comprised of six global business units, organized into three operating segments: Performance Materials and Coatings, Industrial Intermediates and Infrastructure and Packaging and Specialty Plastics.

It also engages in property and casualty insurance, as well as reinsurance business.

Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.

I use three key data points to gauge dividend equities or funds like Dow Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

DOW Price

Dow's price per share closed at $31.60 yesterday. A year ago their price was $57.89. Market price dropped $26.59 or nearly 46%.

Assuming Dow's stock trades in the range of $20 to $50 this next year, its recent $31.60 price might rise by $3.40 to reach $35.00  by April 21, 2021.

1 2
View single page >> |

Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.