Buy Celanese Before The 2023 Rebound

Nov. 29, 2022 7:51 AM ETCelanese Corporation (CE)6 Comments

Summary

  • Markets are nervous about the M&M acquisition.
  • Broader products enable cross-selling opportunities.
  • 19% upside price target discussed.
  • We're currently running a sale at my private investing ideas service, DIY Value Investing, where members get access to portfolios, market alerts, real-time chat, and more. Learn More »

The Celanese corporation plant in Lanaken, Belgium. This corporation is a global chemica

kim willems

When Celanese (NYSE:CE) posted third-quarter results on Nov. 3, 2022, markets had a delayed reaction. CE stock fluctuated in the $91 range to a high of around $110 by Nov. 11, 2022. The company declared a quarterly cash

Chart
Data by YCharts

CE Seasonality

CE stock has strong seasonality (Stockrover.com)

Celanese Q3/2022 report

Celanese Q3/2022 press release

seekingalpha premium grade

seekingalpha premium

seekingalpha premium value grade

seekingalpha premium

seekingalpha premium growth grade

seekingalpha premium

CE stock price target

seekingalpha premium

Please [+]Follow me for extended coverage on managing portfolio safety with mostly cash and some speculative growth stocks in 2023. Click on the "follow" button beside my name. Join DIY investing today. 



This article was written by

Chris Lau profile picture
31.22K Followers
Get quick do-it-yourself tips on maximizing risk-adjusted returns

Join DIY Value Investing. Over two decades of experience in financial markets.

Affiliate partner at StockRover.

Chris (diyvalueinvestor@gmail.com) is an Hon B.Sc graduate (with distinction) in Science and Economics. He holds a PMP (Project Management Professional) designation.  

Do. Act. Invest.

Do-it-Yourself Value Investing is a marketplace service. Sectors include life science, technology, and dividend-growth income stocks. Through top DIY model holdings, members learn how to manage their trading and investments.

Once you are convinced the ideas have merit, Act on it and put a trading plan together, together with an entry and exit point, based on the DIY Top ideas.

Invest and buy the stock. Then wait for the idea to bear fruit.

I seek undervalued, unappreciated value stock ideas and share them first with DIY members. Follows Warren Buffett's mantra: do not lose money.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (6)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.