KMG Chemicals: An Unknown Outperformer That Is Worth A Look
- KMG Chemicals' stock has outperformed the broader market over the last 1, 2 and 5 year time periods. However, this company is still not widely followed by the Street.
- The company recently reported better-than-expected Q2 2018 financial results, and raised its full-year 2018 guidance.
- KMG Chemicals is a long-term buy at today's price.
KMG Chemicals ($KMG) is a small-cap speciality chemicals manufacturer that not many people have heard of, but the company's stock has significantly outperformed the broader market over the last year.
As described in "KMG: An Unknown Specialty Chemical Company, But Not For Long", I believe that KMG Chemicals has extremely bullish long-term business prospects and, more importantly, the company's backdrop continues to improve. More recently, KMG Chemicals reported blow-out Q2 2018 financial results and raised its full-year 2018 guidance. As such, I believe that this unknown speciality chemicals company is worthy of investment dollars, if your time horizon is longer than 12-18 months.
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