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Celanese Corporation (CE) [hlAlert]

Rating:
Buy CE
up 95.54 %

Celanese Corporation (CE) rated Buy with price target $40 by Broadpoint AmTech Research

Posted on: Monday,  Feb 8, 2010  9:25 AM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Celanese Corporation (NYSE: CE) on 02/08/2010, when the stock price was $30.33. Since
then, Celanese Corporation has gained 95.55% as of 01/27/2016's recent price of $59.31.
If you would have followed this Broadpoint AmTech Research's recommendation on CE, you would have gained 95.54% of your investment in 2179 days.

Celanese Corporation (Celanese) is an integrated producer of chemicals and advanced materials. It is a producer of acetyl products, which are intermediate chemicals for many industries, as well as a global producer of high performance engineered polymers that are used in a variety of end-use applications. Celanese operates principally through four business segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl Intermediates. Advanced Engineered Materials segment develops, produces and supplies a portfolio of high performance technical polymers. Consumer Specialties segment consists of its Acetate Products and Nutrinova businesses. Its Industrial Specialties segment includes its emulsions and AT Plastics businesses. Acetyl Intermediates segment produces and supplies acetyl products. In July 2009, the Company completed the sale of its polyvinyl alcohol business to Sekisui Chemical Co. Ltd.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2010 9:25 AM Buy
None
30.33 40.00
as of 12/31/2010
1 Week down  -0.17 %
1 Month up  10.13 %
3 Months up  26.94 %
1 YTD up  34.35 %

(*) Stock Price at the time of the recommendation.
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