Ashland Presents Attractive Upside Emerging From The Downcycle

Ashland (NYSE: ASH ) is generating attractive free cash flow and holding its FCF margin in the midst of an atrocious downcycle for chemicals companies, and it is well positioned to hit its 2027 target of $600mm EBITDA and 50% FCF conversionAfter graduated from MIT with a PhD degree in 2017, with a dissertation that focuses on leveraging data analytics to understand and dissect the commodities structural market, I started managing third party money at a$ 1+ billion hedge fund under a profit-sharing agreement ...