Dow Inc. (DOW) has seen its shares rise by 29.9% in 2023, outperforming the Zacks Chemicals Diversified industry, which increased by 22%. This growth is attributed to the company’s cost-reduction strategies, productivity improvements, and strategic expansions in high-growth markets.
Key initiatives include the shutdown of a higher-cost unit in Barry, U.K., which is expected to increase EBITDA by $60 million in the latter half of 2026. Additionally, Dow’s current restructuring aims to yield over $1.3 billion in self-help benefits this year, driven by its “Transform to Outperform” initiative expected to contribute $700 million.
Currently holding a Zacks Rank of #3 (Hold), Dow remains focused on enhancing its capabilities in specialty silicones and industrial solutions, while navigating macroeconomic challenges.
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