Aug 20, 2008 13:29
It sure looks like a good time for Quaker Chemical Corp. KWR, a maker of specialty chemical products, whose stock has been hitting fresh highs, unfazed by headwinds from soaring raw material costs. The stock has nearly doubled from its January low of $16 and currently trades near its 52-week high of $33.82. The chemical company, which serves steel, automotive, mining, aerospace, tube and pipe, coatings, and construction materials industries, is not related to any other Quaker company. Quaker Oats Company - a food conglomerate, Quaker State Company - a manufacturer of engine oils and Quaker Chemical Company - a manufacturer of chemical products for industrial use, are among the other companies carrying 'Quaker' in their name.
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