Summary

Founded in 1924, Ashland Global is a specialty chemicals company serving a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care, and pharmaceuticals. The company has approximately 3,200 employees. The stock is a component of the S&P 400 Index.

Our rating on the Materials sector is now Market-Weight, up from Under-Weight. U.S.-based steel and other metals stocks in the sector have rallied on stiff tariffs on metals (50% for most countries). We also expect paper and chemicals companies to