Best Rubber & Plastics Stocks Right Now • Updated Daily • Benzinga

Want to skip straight to the best? Most of our users prefer Interactive Brokers for stock trading.

From cars to household appliances, rubber and plastic are prevalent in major industries. Invest in rubber and plastic stocks now and expose your portfolio to 2 of the most used materials on the planet.

Here’s a guide to help you choose the best rubber and plastic stocks to invest your money in.

Overview: rubber and plastic stocks

The rubber is widely used by tire manufacturers, who have maintained a high demand for good quality rubber to this day. More than 75 million cars were manufactured in 2019.

Plastic is a relatively new material compared to older resources such as wood, metal and petroleum. Its wide application in packaging, toys, and other industrial products makes it one of the most widely produced materials today.

Plastic pollution has become a serious environmental problem. Since plastic is not biodegradable, tons of plastic are dumped into the oceans and threaten marine life. Although this problem has hampered its production worldwide, plastic remains an irreplaceable asset for many industrial sectors due to its cost effectiveness and durability. Many plastic manufacturers are working on bioplastics made from renewable biomass sources to overcome this challenge.

Rubber and plastic stocks beat earnings per share (EPS) estimates in the first quarter of 2020.

Aptar Group reported EPS of $0.93 per share, beating Zacks’ estimate of $0.88 per share. AptarGroup beat EPS estimates for 3 quarters in the last fiscal year. Carlisle Companies Inc. reported EPS of $1.29 per share, beating Zacks’ estimate of $1.01. PolyOne Corp. reported EPS of $0.48, beating Zacks’ estimate of $0.44.

These are reassuring signs that rubber and plastic stocks may become the best performing investments in your portfolio.

Best Online Brokers for Rubber and Plastic Stocks

Online brokers can help you find and trade rubber and plastic stocks. We have chosen the following online brokers to manage your portfolio and invest in the best stocks.

Features To Look For In Rubber And Plastic Stocks

  • EPS: You can determine a company’s profitability by its EPS. Divide the company’s net income by its total number of shares outstanding to get its EPS. Take a look at EPS for each quarter of the last fiscal year to see if the company is beating estimates or underperforming.
  • P/E ratio: The price-earnings (P/E) ratio can gauge the value of a stock. If the P/E ratio is above 20, it may be overvalued. If the P/E ratio is less than 10, it is considered undervalued. Check out these stocks below for the most undervalued investments.
  • Annual revenue : The total turnover generated by a company is a good indicator of its financial health. Compare annual revenue from previous years to gauge its growth. In some cases, the cost of raw materials such as oil and petroleum is cheaper, resulting in higher profits.

If you want to trade stocks before the opening of trading sessions, take a look at these premarket engines.

Add rubber and plastic stocks to your portfolio

Due to its wide range of industrial applications, rubber and plastic can almost be considered commodities. The low investment cost and regular dividends generated by these stocks can diversify your portfolio and build your wealth at the same time.

Don’t miss more stock market news! Check out the best Benzinga stocks under $20.

The rubber and plastics industry is made up of companies that manufacture rubber and plastic products, such as rubber tubing, hoses, belts, etc.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button