Published on 30 Mar 2023 on Zacks via Yahoo Finance
Why You Should Add Ashland (ASH) Stock to Your Portfolio
Ashland Global Holdings Inc.’s ASH stock looks promising at the moment. It is benefiting from healthy demand across its end markets and disciplined pricing actions.We are positive on the company’s prospects and believe that the time is right for you to add the stock to portfolio as it looks promising and is poised to carry the momentum ahead.Let’s take a look into the factors that make this Zacks Rank #2 (Buy) stock an attractive choice for investors right now.
Estimates Northbound
Over the past three months, the Zacks Consensus Estimate for Ashland for fiscal 2023 has increased around 5.5%. The consensus estimate for fiscal 2024 has also been revised 3.9% upward over the same time frame. The favorable estimate revisions instill investor confidence in the stock.