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What: Shares of special chemicals maker Chemtura
So what: No news and shares popped after a gloomy outlook yesterday? That's strange.
What's driving shares today is positive earnings news from chemical makers Cytec Industries
Now what: Yesterday I said that shares looked like they were trading at an attractive valuation despite cautious comments from management. Now that industry competitors have weighed in with more bullish sentiments, it looks like that's correct and management is just being overly cautious.
The specialty chemicals sector is hot today, and all three of these companies look like they're trading at attractive valuations considering their potential growth.
Interested in more info on Chemtura? Add it to your watchlist by clicking here.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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