Olin Corporation: A Must Have Growth Stock

Dec. 22, 2021 8:33 AM ETOlin Corporation (OLN) Stock, , , , , , , 13 Comments
Stella Mwende
1.99K Followers

Summary

  • As early as 2018, 43% of Olin Corporation's sales were attributed to international operations including Europe, Latin America, and Asia.
  • Over the past three years, OLN’s market cap has grown by more than 160% to exceed $8 billion.
  • By December 2022, Olin expects a 62.15% revenue surge to $9.34 billion from $5.76 billion realized in Q4 2020. Already, Olin is at the undervalued zone.

Close-up of Brown Glass Bottle at Turntable Production Line

zorazhuang/E+ via Getty Images

Chemical and petrochemical industries around the world are experiencing phenomenal growth post-2020 driven by rising profitability and improved factory earnings. The global Chlor-Alkali market size that stood at $63.2 billion in 2021 is expected to reach $77.4

This article was written by

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I have more than five years experience in the financial industry. I focus mostly in the commodities, foreign exchange and cryptocurrencies. I also write on general issues like equity research, economics and geopolitics.Fellow contributor Crispus Nyaga is my colleague.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of OLN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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