FMC Corporation (FMC) Social Stream



FMC Corporation (FMC): $93.64

0.71 (+0.76%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Chemicals


Ranked

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Featured Post From StockTwits About FMC

$FMC Reread the earnings report and the thing that really sticks out is the 350-450 million in stock buyback planned. That is about 2-3% of the stock. A nice stock price drop like this would allow FMC to pick up an additional 10% of shares which gets us closer to a 4,500,000 share buyback. It won't happen that way, I imagine, but something to think about. I think we are starting to see institutional traders take a harder look at earnings and that helps explain a dive down, but a 10% drop is pretty healthy drop. So, I am back to original theory, its load up time for the institutions, but only at bargain prices.
PoundinBurgers, published August 5, 2021

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