NEW YORK (TheStreet) -- Dow Chemical
(DOW) shares are up 1.4% to $53.07 on Wednesday after beating analysts earnings and revenue expectations during the second quarter earnings period.
The company made a quarterly profit of $882 million, or 73 cents per diluted share, 2 cents better than Wall Street expected.
Quarterly revenue was up 2.3% over the previous year to $14.9 billion, slightly ahead of analysts $14.8 billion estimates.
Must Read: Warren Buffett's 25 Favorite Stocks
TheStreet Ratings team rates DOW CHEMICAL as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:"We rate DOW CHEMICAL (DOW) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins." DOW data by YCharts
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts