Schwab raised their Equity Rating of the Chemours Company from C, hold, to B, Buy. Anybody remember back to 2015 when DuPont spun off their chemical division and the new company, Chemours, took with it the liability for lawsuits regarding some illegal release of toxins into a river. Then in 2021 Chemours sold its mining chemicals business to Draslova, a Czech Republic company specializing in cyanide production.
I guess Schwab thinks the future looks good for Chemours. Hey, somebody has to poison the environment so they might as well make a few bucks while doing it. Their future’s so bright you gotta wear shades…and a gas mask. The stock symbol is CC if you want to get in on the mayhem!
Disclaimer: This article contains forward looking statements that are only opinion and not to be construed as fact and is not a promise of profit. You may lose money and even if you don’t you are a bigger loser if you invest in this load of crap.