Dow Inc. (NYSE:DOW) was among Jim Cramer’s latest stock calls, as he suggested investors balance portfolios with hot and cold stocks. Cramer noted that the stock declined even after reporting a good quarter because it was already up significantly for the year.
When Iran shut down the Strait of Hormuz, that was terrible for the global economy. We all know that, right? But it’s also great for the price of oil and the price of petrochemicals, for that matter. This has been tremendous for American chemical companies to get all the supplies they need domestically. And that’s why Dow, the big chemical company, has gone from being the sixth worst performer in the S&P 500 last year to one of the top 20 this year, up nearly 65% for 2026.
What have they done for me lately? How about go up? Now, this morning, Dow reported a solid quarter, a healthy revenue beat paired with a smaller-than-expected loss. Even though this company doesn’t give formal guidance, management’s conference call commentary, I thought, was very upbeat. Unfortunately, maybe for today, it wasn’t enough. The stock slipped 7% because I think when you’re up nearly 65% for the year, that means expectations went skyward.
Stock market data. Photo by Photo by Alesia Kozik
Dow Inc. (NYSE:DOW) develops chemical and material products used in packaging, construction, transportation, and consumer industries.
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