Trinseo (NYSE:TSE) was spun out of Dow Chemical in 2009 before Dow’s rebirth via the DuPont megamerger. The company’s plastic, latex, and synthetic rubber products are used mostly in industrial applications, including automobiles, appliances, consumer goods, medical supplies, and construction.
Trinseo was private equity-owned until 2014, and the company still flies largely under the radar compared to some of its larger plastics peers. But in a world where industrial product manufacturers are increasingly demanding sturdy but lightweight components, many of Trinseo’s plastics should see strong growth in the years to come.
How to invest in plastics stocks
Here is how to invest in plastics stocks:
- Open your brokerage app: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Benefits of investing in plastics stocks
Investing in plastics stocks offers a mix of stability from traditional industrial demand and high growth potential from the emerging sustainable materials sector.
Plastics are foundational to the modern economy, and a push towards bioplastics and other more sustainable materials has created new growth opportunities for the industry.