I am thinking of trading Coca-Cola for Olin. A little increase in dividend and possible better growth prospects. Should I pull the trigger? I already own Dupont and am a bit hesitant to add more commodity related stocks in this economy. Something tells me we will recover and manufacturing will lead the way. Your advice appreciated.
After DOW just got out of the way of Olin in the chlorine business and eliminated the supply overhang concern, I think you can expect solid medium term growth out of both parts of Olin. Coke is having growth problems, IIRC, and is a little pricier on a PE basis. You'll probably be better off in the medium term with Olin.
Before the DOW announcement, I would have said Olin is just one of many decent, dependable dividend and value plays out there. Now, it's an obvious buy.