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Stock impact report

Eastman Chemical Company (EMN): Among the Oversold Global Stocks to Buy According to Hedge Funds [Yahoo! Finance]

Eastman Chemical Company (EMN) 
Last eastman chemical company earnings: 5/1 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Eastman Chemical Company (NYSE:EMN) stands against other oversold global stocks to buy according to hedge funds. Global stocks are businesses that have a diversified revenue base and do not rely entirely on one particular region or country. Their advantage is the ability to mitigate idiosyncratic risk, which arises from a specific country. Imagine a hypothetical scenario in which the US enters an economic recession that erodes consumer purchasing power, slows down industrial and manufacturing activity. The revenue growth and earnings of a US-based company will tank instantly, while a global stock will be able to compensate for the decline in the US business with growth in emerging or other developed markets. It therefore becomes obvious that global stocks are particularly attractive during times of heightened uncertainty when investors seek flight into safer assets. The calendar 2025 perfectly fits the description of a market that would favor global stocks. The situation becomes e Show less Read more
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