CVR Energy: Regulatory And Venezuela Tailwinds Make Shares Attractive (Upgrade) (NYSE:CVI)

Core Viewpoint - CVR Energy, Inc. (CVI) shares have experienced significant volatility over the past year, gaining 39% due to widening crack spreads and regulatory relief, but are down 30% from their highs in early fall [1] Summary by Relevant Sections - Stock Performance - CVR Energy shares gained 39% as crack spreads widened and regulatory relief emerged [1] - The shares are currently down 30% from their highs in early fall [1] - On a recent Monday, the stock price jumped significantly [1] - Market Context - The company has been subject to macroeconomic factors influencing its stock performance [1] - The volatility reflects broader market trends and investor sentiment [1] - Investment Strategy - The analysis suggests a contrarian investment approach based on macro views and turnaround stories to achieve favorable risk/reward profiles [1]