NYSE:DOWChemicals
Is It Too Late To Consider Dow (DOW) After A 59.8% Year To Date Rally?
Wondering if Dow's current share price still offers value, or if most of the opportunity has already played out, starts with understanding what the recent moves are really pricing in.
Dow closed at US$38.78, with the stock up 3.9% over the past week, slightly down 1.0% over the past month, up 59.8% year to date and showing a 38.5% gain over the past year, while longer 3 year and 5 year periods show declines of 10.7% and 25.4% respectively.
These mixed returns sit against a backdrop of...