CC - Chemours: Upside After Irregularities Good 2024-2026E

2024-06-11 01:34:04 ET

Summary

• Chemours' position in the market is up over 22% compared to a market only up 5% since February.
• The company suspended production temporarily in Mexico due to water scarcity, but the crash following the news of the audit was an overreaction.
• CC stock's refrigerant segment has significant potential for growth, particularly in applications like data centers.

Dear readers/followers,

If you recall, I've been a vocal proponent of investing in Chemours ( CC ) for some time. I even added it after my last article, which was published a few months back and which you can find here.

Sometimes the stars line up, and you manage to "catch" a company at exactly the right place. Such was the case with Chemours during my last piece. That is why despite the recent downturn, my position in the company, and especially the one I bought at the time, is up over 22% compared to a market only up 5%. And this was back in February of this year....

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