12 Chemical Stocks Near 52-Week Lows

If you're aiming to "buy low and sell high," then it makes infinite sense to start your search with bargain-priced stocks. Regularly reviewing a list of stocks trading near their 52-week lows can be a great first step.

In this series, I do the initial legwork for you. To prevent us from being inundated with scores of disparate companies, I conduct my search by industry. This allows us to make some initial comparisons among semi-related companies.

Today, let's look at the chemicals space. Below are the dozen stocks that are within 25% of their 52-week lows and have market caps above $200 million.

Sinopec Shanghai Petrochemical (NYS: SHI)





PolyOne (NYS: POL)





Praxair (NYS: PX)





Sigma-Aldrich (NAS: SIAL)










Sherwin-Williams (NYS: SHW)





Olin (NYS: OLN)










Minerals Technologies





Air Products & Chemicals





Calgon Carbon





Scotts Miracle-Gro (NYS: SMG)





Source: S&P Capital IQ and Yahoo! Finance.

Over just the past 10 days, Sinopec shares have gone as low as $33.18 and as high as $43.00. It announced earnings late last week that were roughly flat with the previous year's quarter. As management explained it:

"The Group proceeded actively with various tasks, leading to increases in sales volumes and unit prices of products of the Company. As a result, operating income of the Company increased. However, international crude oil prices fluctuated at high levels, resulting in an increase in operating costs; the prices of domestic refined oil products were not adjusted adequately and timely enough; and the competition was further intensified for petrochemicals."

Looking through the list, two other names pop out: PolyOne and Olin, which have P/E ratios well under 10. Note that their forward P/E ratios are also under 10, PolyOne just barely. You can check out PolyOne's latest earnings news here. And I recently took a look at Olin's initial numbers here.

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At the time thisarticle was published Anand Chokkavelu doesn't own shares of any company mentioned. Motley Fool newsletter services have recommended buying shares of Scotts Miracle-Gro and Sherwin-Williams. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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