Proxy to chemical sector can be plays like GMM Pfaudler and HLE Glasscoat. Both make vessels supplying to chemical and pharma space. I cannot think of any other pure play proxy to chemical space.
Having said that, since chemical sector itself is in the doldrums, I don’t know how well the proxy to the sector will do. Personally I feel there can be the odd bounces here and there in these sectors but sectoral moves seem to be difficult. Finding winners from these sectors will need hard work, digging into individual companies and trying to find specific companies that can benefit out of company specific tailwinds. And we have no idea how long those too will last.
| Subscribe To Our Free Newsletter |
