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Stock impact report

Flexible Solutions Stock Surges 50% in 3 Months: Here's Why [Yahoo! Finance]

Flexible Solutions International Inc. (CDA) (FSI) 
NASDAQ:AMEX Investor Relations: flexiblesolutions.com/investor/default.aspx
Company Research Source: Yahoo! Finance
The company also outperformed the industry's and the S&P 500's growth of 6.7% and 5.9%, respectively, in the same period. Image Source: Zacks Investment Research Let's take a look at the factors that might have driven the stock's price appreciation. What's Driving Flexible Solutions Stock? FSI is optimistic about sustaining its strong second-quarter performance throughout 2024. The company is well-positioned to seize emerging opportunities across various applications, including detergents, food, nutraceuticals, oil field extraction, turf management, ornamental products and agriculture. These opportunities are expected to drive further growth in the NanoChem division and the Enhanced Nutritional Products (ENP) subsidiary. With the NanoChem division accounting for approximately 70% of FSI's revenues, it is particularly poised for expansion. The division is supported by a robust pipeline of five products nearing purchase orders, with expectations of securing at least two orders Show less Read more
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