5 Best Rubber and Plastics Stocks To Buy

2. Dow Inc. (NYSE:DOW)

Number of Hedge Fund Holders: 45

Dow Inc. (NYSE:DOW) provides material science solutions for packaging, infrastructure, mobility, and consumer industries. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. Dow Inc. (NYSE:DOW) is one of the best rubber and plastics stocks to invest in. On April 25, the company reported a Q1 non-GAAP EPS of $0.58 and a revenue of $11.9 billion, outperforming Wall Street estimates by $0.21 and $560 million, respectively. The company beat its top and bottom line estimates in the first quarter of 2023. 

According to Insider Monkey’s first quarter database, 45 hedge funds were bullish on Dow Inc. (NYSE:DOW), with combined stakes worth $1.3 billion. Richard S. Pzena’s Pzena Investment Management is the leading stakeholder of the company, with approximately 15 million shares worth $816.8 million.