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What: Shares of chemical and railroad tie manufacturer Koppers Holdings
So what: Koppers has two primary business lines: selling carbon materials and chemicals to customers like Alcoa
Now what: Unlike war, I'm won't say that analyst upgrades are good for absolutely nothing. A negative analyst view can be a good reason to take a closer look at a stock you own, while a positive note can bring a stock to your attention that you might not have otherwise paid mind. However, an analyst's positive (or negative) outlook is no replacement for doing your own research. Koppers has a solid business that has produced attractive returns on capital, good cash flow, and pays a decent dividend. Thank Oppenheimer and Jefferies for bringing it to your attention, but buy because of the business fundamentals, not because they said so.
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Fool contributor Matt Koppenheffer does not own shares of any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool’s disclosure policy assures you no Wookiees were harmed in the making of this article.