The shares of companies in the chemicals sector, including Chemours (CC) and Dupont (DD), are attractively valued currently. These companies also provide investors with a dividend yield, making them good bets for value and income-seeking investors. But which of the two is a better investment at current prices? Read on to learn which.While it flies somewhat under the radar, the global chemical industry generates trillions of dollars each year. However, the performance of companies in this sector is tied closely to other industries, including oil. In fact, most chemical companies manufacture polymers or plastics, which are derived from petrochemicals.
Chemical industry products are used by manufacturing-heavy companies, such as those in the automobile space, as well as by consumer goods companies. In addition, some of these products are used in the agriculture and infrastructure sectors
Given that the fortunes of companies in the chemical industry are linked with several others, the sector could be considered cyclical. So, with these factors in mind, let’s see which chemical stock—Dupont (DD) or Chemours (CC)—is a better bet now.