10 Best Chemical Stocks to Buy According to Billionaires

Page 9 of 9

1. Ecolab Inc. (NYSE:ECL)

Stock Upside Potential as of July 16: 6.08%

Number of Hedge Fund Holders: 63

Number of Billionaire Investors: 15

Ecolab Inc. (NYSE:ECL) is one of the best chemical stocks to buy, according to billionaires. On July 9, UBS analyst Joshua Spector reiterated a ‘Neutral’ rating on the stock. However, the research firm increased the stock’s price target to $288 from $271.

According to UBS analysts, Ecolab is one of the companies well-positioned to experience less severe impacts from tariffs that downstream companies might face. Nevertheless, the research firm has warned that commodity markets are likely to remain under pressure due to weakening demand trends.

Ecolab boasts a diverse portfolio that spans water treatment, hygiene, life sciences, and digital technologies. In addition, its pest control solutions provide a competitive edge, along with advanced solutions such as the 3D TRASAR AI Dishmachine Program and the Ecolab 3D Cloud platform.

Ecolab Inc. (NYSE:ECL) is a chemicals company specializing in providing water, hygiene, and infection prevention solutions and services. It offers a range of products and services to various industries, including food service, healthcare, and industrial markets, to help customers maintain clean and safe environments.

While we acknowledge the potential of Ecolab Inc. (NYSE:ECL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ECL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 7 Most Undervalued Pot Stocks To Buy According To Analysts and Top 10 E-Commerce Stocks with Long-Term Potential.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.

Page 9 of 9