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CE - Celanese: Holding Was And Continues To Be The Right Call
Celanese Corporation
A reader recently contacted me and asked about Celanese Corporation and where I saw the company nearly 2 months after my last piece.
My stance is, for the most part, unchanged. Celanese is a great company, but it suffers from an overvaluation that makes investing problematic as it rides on high EPS growth.
Without that high EPS growth, which seems dubious, things continue to look somewhat bad even with better visibility for 2021.