DWDP - Searching For Value: Could The New Olin Be Through Its Cycle Low Multiples Already?
Introduction:
This will sound like a strange introduction to a Buy recommendation, but the company in question: Olin Corporation (OLN), is not the greatest company in the world. It's a decent to good business, and historically it is very cyclical. I don't think this is a Buy-and-hold forever type of stock. However, it made a transformational deal with the now DowDupont Inc. (DWDP), back in 2015, that made OLN into the largest domestic producer of Chlor-Alkali products in the industry. It also expanded its downstream products in the process, which