Man I can’t wait till mid July for upgrades to come in so here’s my prediction from UBS... July 6th OLN has been upgraded again this time with a price target of 90.00 for 2021!!!!!!! Olin is a buy without the chlorine and ammo shortage valued at 60.00 tops but add Covid n shortages backed up over 14 months and growing ? Epoxys are flying off shelf’s as soon as they arrive... as more n more hoarders n sellers of chlorine come into secondary market for both Olin is selling out in all categories!!!
u
$OLN has shown great momentum recently. The stock is definitely a great buy considering the current market conditions. Track its performance here: https://zyne.com/stock/OLN.
t
Buying under 50
F
Olin upgraded to buy from neutral at UBS, price target to $62 from $45
E
NOTHING will slow or stop ammo sales with the current rash of crime...and it will get even worse in time!
t
Good day to buy OLIN
B
Beautiful “channel up” pattern stock Olin Corp. New to this stock. I could care less about analysts target price estimates, they’ve posted $30 to $47. Like we’re there already, 📈. Olin’s Performance (YTD) is +103.62%. Kicking myself but, found a gem here!!
A
If you wonder why they're down, it's because I bought them. It always happens. Sorry about that.
t
Chlorine up another 3 % on eBay n Amazon ..watch the prices rise !!!! Olin going to 65.00 a share by august if not Sooner ..Oln rolling in dough on comeback trail n shortages everywhere
A
I am up 238% on remaining shares, I sold 1/3 at 42.04. Will hold remainder for the foreseeable future. I sold all CLF shares at 20, for 189%, CLF shares were AKS shares and CLF adds. 172K invested between them, believe me it was faith based hold & dip buying since 2017.
Both companies have their act together and are paying down debt. If oil prices increase much higher OLN will run another 15 to 35% this year.
The other stock I am watching is HFC (Holly), this one has the same setup as the 2 previous mentioned companies, debt. By 2022, oil should increase by 20% in value (base 60$), so gasoline, jet, diesel, byproducts plus transport via pipeline is Holly's playground. Management I believe at this point is devilishly crude.
Any thoughts on HFC?
S
I have OLN too but the best value is SWBI. They have 400 cash copy machines in operation and they still can't print it fast enough. The market is not taking note. Easy double in 2021. Still hard to find a good S&W in stock, no discounts at all. April and May will break records. Earnings soon. Have 1700 OLN sell at $46.59. Picked up near bottom this am as extra.
p
Investors read today's news and vote thumbs down.
Bearish
o
OLN looks to be unstoppable this year. ammo still hard to find & u are limited to a box or two & very pricey. strong buy on a dip.
Bullish
S
SWBI reports after the bell, should help all gun and ammo stocks.
J
This is still very cheap & there is still a shortage in their products. Nothing has changed
Bullish
t
Pool companies thru out country are now selling chlorine by the stick or puck (tricloro) n prices are up now average to 82.00 for. 5 lb bucket normally 22-25.00 !!! Cant keep any chems in stock !! Olin is going to 100 before dec n you get a dividend too!!
t
Profit taking Monday tues states accumulate again as summer rolls in n ammo plastics n chlorine roll out!!!
t
Bargain prices under 50.00 a share Strong buy
t
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks. Olin (OLN) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Here are three of the most important factors that make the stock of this chlor-alkali and ammunition producer'a great growth pick right now. Earnings Growth Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for Olin is 2.9%, investors should actually focus on the projected growth. The company's EPS is expected to grow 473.2% this year, crushing the industry average, which calls for EPS growth of 41.3%. Cash Flow Growth Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds. Right now, year-over-year cash flow growth for Olin is 51.6%, which is higher than many of its peers. In fact, the rate compares to the industry average of -9.9%. While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 27% over the past 3-5 years versus the industry average of 0.4%. Promising Earnings Estimate Revisions Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The current-year earnings estimates for Olin have been revising upward. The Zacks Consensus Estimate for the current year has surged 28.4% over the past month. Bottom Line While the overall earnings estimate revisions have made Olin a Zacks Rank #1 stock, it has earned itself a Growth Score of A based on a number of factors, including the ones discussed above. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This combination indicates that Olin is a potential outperformer and a solid choice for growth investors.
J
From seeking alpha:
• OLN reported a big beat for the quarter and guided up significantly both for earnings, free cash and debt paydown. • OLN is in the early stages of a massive cycle with demand exceeding supply and the imbalance unlikely to abate for years. • Leverage has been a concern and a major bear point for the past year; this concern is no longer an issue. • The slide presentation indicates the CEO's medium-term price target of $100 per share. We believe this is conservative. • Investors have not digested the massive improvement in OLN's business. Once they do, we believe the stock has a vertical move from here. 🔥🔥🔥
Olin is a buy without the chlorine and ammo shortage valued at 60.00 tops but add Covid n shortages backed up over 14 months and growing ? Epoxys are flying off shelf’s as soon as they arrive... as more n more hoarders n sellers of chlorine come into secondary market for both Olin is selling out in all categories!!!
Olin going to 65.00 a share by august if not Sooner ..Oln rolling in dough on comeback trail n shortages everywhere
Both companies have their act together and are paying down debt. If oil prices increase much higher OLN will run another 15 to 35% this year.
The other stock I am watching is HFC (Holly), this one has the same setup as the 2 previous mentioned companies, debt. By 2022, oil should increase by 20% in value (base 60$), so gasoline, jet, diesel, byproducts plus transport via pipeline is Holly's playground. Management I believe at this point is devilishly crude.
Any thoughts on HFC?
By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
Olin (OLN) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
Here are three of the most important factors that make the stock of this chlor-alkali and ammunition producer'a great growth pick right now.
Earnings Growth
Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Olin is 2.9%, investors should actually focus on the projected growth. The company's EPS is expected to grow 473.2% this year, crushing the industry average, which calls for EPS growth of 41.3%.
Cash Flow Growth
Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.
Right now, year-over-year cash flow growth for Olin is 51.6%, which is higher than many of its peers. In fact, the rate compares to the industry average of -9.9%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 27% over the past 3-5 years versus the industry average of 0.4%.
Promising Earnings Estimate Revisions
Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The current-year earnings estimates for Olin have been revising upward. The Zacks Consensus Estimate for the current year has surged 28.4% over the past month.
Bottom Line
While the overall earnings estimate revisions have made Olin a Zacks Rank #1 stock, it has earned itself a Growth Score of A based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Olin is a potential outperformer and a solid choice for growth investors.
• OLN reported a big beat for the quarter and guided up significantly both for earnings, free cash and debt paydown.
• OLN is in the early stages of a massive cycle with demand exceeding supply and the imbalance unlikely to abate for years.
• Leverage has been a concern and a major bear point for the past year; this concern is no longer an issue.
• The slide presentation indicates the CEO's medium-term price target of $100 per share. We believe this is conservative.
• Investors have not digested the massive improvement in OLN's business. Once they do, we believe the stock has a vertical move from here.
🔥🔥🔥