Element Solutions (ESI) is a Top-Ranked Momentum Stock: Should You Buy?

Company Overview - Element Solutions Inc, previously known as Platform Specialty Products Corporation, is a leading provider of specialty chemicals, offering innovative solutions across various industries including automotive, electronics, and offshore energy [10]. Financial Performance - The company generated sales of $2,333.2 million in 2023 [10]. Investment Ratings - Element Solutions is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B [11]. - The company has a Momentum Style Score of A, indicating strong upward price movement, with shares up 11.2% over the past four weeks [11]. Earnings Estimates - One analyst has revised their earnings estimate higher for fiscal 2024, with the Zacks Consensus Estimate increasing by $0 to $1.40 per share [11]. - Element Solutions has an average earnings surprise of 3%, suggesting a positive trend in earnings performance [11]. Investment Consideration - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Element Solutions is recommended for investors' consideration [12].