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Celanese Corporation CETOP PICKMay 21, 2026Stock price when the opinion was issued
As of Jun 12, 2026. Market Open.
Big correction that he calls a 4-year-cycle reset. October 13 was the start of a new 4-year cycle. Should have upside, by time, into late 2025 to early 2026. One of his favourite plays for this year. Higher lows, higher highs. If it continues to take out recent highs, sees no reason it won't test important resistance around $150, where it stalled out before.
Produces chemicals that are part of everyday life -- food products, fabric, pharmaceuticals. Pricing background has been weak (and that's what happens with cyclicals) -- starting to see a bottoming. Big opportunity if you can get the timing right. Yield is 0.23%.
(Analysts’ price target is $71.17)