Published on 21 Mar 2024 on Zacks via Yahoo Finance
Here's Why You Should Hold Onto Celanese (CE) Stock For Now
Celanese Corporation CE is benefiting from its cost and productivity actions, investments in high-return organic projects and synergies of acquisitions amid headwinds from weak demand and customer destocking in certain end markets and pricing pressures.Shares of this leading chemical and specialty materials maker are up 63.9% in a year compared with 32.3% rise of its industry.
