Topic: How To Invest

I am looking at investing in Aceto Corp. Any thoughts on its prospects? Thanks for your consideration.

Article Excerpt

Aceto Corp., $6.24, symbol ACET on Nasdaq (Shares outstanding: 25.2 million; Market cap: $162.4 million; www.aceto.com), distributes over 1,000 chemical compounds that are used in a wide range of industries, including pharmaceuticals and agriculture. Aceto sells its products in the U.S., Mexico, Brazil, Malaysia, France, Canada, Germany, Vietnam, Greece, Australia, the U.K. and the Netherlands. The company’s customers include Costco, Wal-Mart, Walgreens, Dow Chemical, McKesson, L’Oreal, Bausch + Lomb, 3M, Kodak and Agrium. Aceto’s compounds include active ingredients for generic drugs, vitamins and nutritional supplements. In addition, the company sells specialty chemicals that are used to make plastics, resins, adhesives, coatings, food, flavour additives, fragrances, cosmetics, metal finishing, electronics and air conditioning systems. For the agricultural industry, Aceto sells herbicides, fungicides and insecticides, as well as a chemical that keeps potatoes from sprouting. In December 2010, Aceto bought New Jersey-based Rising Pharmaceuticals, Inc. This lets Aceto market its own brand of generic pharmaceuticals under the Rising brand. In the three months ended March…