Growth & Income Stock: Cabot Corporation
Cabot Corporation (NYSE:CBT) recently delivered its 5th consecutive positive earnings surprise as earnings per share grew 15% year-over-year. And management provided a positive outlook for 2012, prompting analysts to revise their estimates higher. It is a Zacks #2 Rank (Buy) stock. The company also pays a dividend that yields a solid 1.8%. Valuation is reasonable [...]
Cabot Corporation (NYSE:CBT) recently delivered its 5th consecutive positive earnings surprise as earnings per share grew 15% year-over-year. And management provided a positive outlook for 2012, prompting analysts to revise their estimates higher.
It is a Zacks #2 Rank (Buy) stock.
The company also pays a dividend that yields a solid 1.8%. Valuation is reasonable too, with shares trading at just 13x forward earnings.
Company Description
Cabot Corp. is a specialty chemicals and performance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards