Eastman Chemical Company (EMN) Strengthens Management with AGCO CFO

Eastman Chemical Company (NYSE:EMN) is one of the best chemical stocks to buy, according to billionaires. On June 27, the company strengthened its management team with the appointment of Mr. Damon Audia, CFO of AGCO Corporation (NYSE:AGCO), to its board.

Eastman Chemical Company will leverage Audia’s extensive experience in finance and strategic acumen as it continues to pursue its vision of innovation and growth.

“Damon’s leadership and deep understanding of business strategy and experience across diverse industries, including automotive and agriculture, will contribute significantly to our mission of delivering relevant and innovative solutions to our customers,” said Mark Costa, Board Chair and CEO.

Eastman Chemical Company (NYSE:EMN) is a specialty Materials Company that produces materials used in everyday consumer products. It makes a wide range of chemicals, plastics, and fibers that serve diverse industries, including transportation, construction, electronics, and healthcare.

While we acknowledge the potential of EMN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks.

Disclosure: None. This article is originally published at Insider Monkey.