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Dow (DOW) Launches Dowsil TC-3065 Gel for 5G Technology

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Dow Inc. (DOW - Free Report) has launched Dowsil TC-3065 Thermal Gel, a gel geared to dissipate large amounts of heat away from sensitive electronic components.

Notably, Dowsil TC-3065 Thermal Gel can easily fill gaps on account of its outstanding wetting capability. Moreover, the gel eliminates silicone oil bleeding and has ultra-low levels of volatile organic compounds after complete curing.

Further, the gel facilitates automated dispensing and heat curing after assembly to reach high levels of production performance. Notably, uses for the innovative material include telecommunication and data communication equipment. Further, the gel can be utilized for optical transceivers, ethernet switches and routers, high-speed solid-state disks, and other network devices.

Per Dow’s management, Dowsil TC-3065 Thermal Gel can help accelerate the development of next-generation applications in a way that is both effective and environment friendly. Further, the gel has a thermal conductivity of 6.5W/mk as well as offers an outstanding extrusion rate and supports auto-dispensing.

Notably, Dowsil TC-3065 Thermal Gel is resistant to humidity and other extreme conditions, and is not expected to break during long-term aging.

Dow’s shares have lost 19% in the past year compared with the 11.7% decline recorded by the industry.

 

 

The company, on its first-quarter earnings call, said that it was seeing indications of a recovery from the virus outbreak in China, while still assessing the impacts of the same in other major geographies. Factoring in a gradual and sustainable return of global economic activities, and the reopening of economies in May and June, it expects recovery as the year progresses.

Dow Inc. Price and Consensus

 

Zacks Rank & Stocks to Consider

The company currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the basic materials space are Royal Gold, Inc. (RGLD - Free Report) , Sandstorm Gold Ltd (SAND - Free Report) and Harmony Gold Mining Company Limited (HMY - Free Report) .

Royal Gold has a projected earnings growth rate of 66.2% for the current year. The company’s shares have gained around 9% in a year. It currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Sandstorm Gold has a projected earnings growth rate of 55.6% for the current year. The stock has surged around 63% in a year. It currently has a Zacks Rank of 2.

Harmony Gold has an expected earnings growth rate of 264.3% for 2020. The company’s shares have rallied 130.8% in the past year. It is presently a Zacks #2 Ranked player.

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