Here's Why You Should Retain Celanese (CE) in Your Portfolio
Celanese(CE) Zacks Investment Research·2024-04-12 14:36
Celanese Corporation (CE) is expected to gain from its cost and productivity actions, investments in high-return organic projects and synergies of acquisitions. However, it faces challenges from weak demand and customer destocking in certain end markets and pricing pressures.The company’s shares have gained 44.5% in a year against an 8.1% decline of its industry. Image Source: Zacks Investment ResearchLet’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.Celanese Gains on Acqui ...