Why This Under-the-Radar Stock Is a Buy
Global chemicals and specialty materials company Celanese (NYSE: CE) definitely isn't a household name, but that shouldn't detract from its worthiness as an excellent investment option. Celanese has an attractive mix of near-, mid-, and long-term upside potential. For investors who like to find hidden gems lying off the beaten path, the stock is well worth a position in a portfolio. Here's why.
Celanese's recent first-quarter earnings report highlighted the strength of the current trends in the business. Simply put, the recovering global economy is strengthening end demand for many of Celanese's products at a time when supply is tightening. The result is higher prices for many of its chemicals, which means higher profits for Celanese.
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Source Fool.com
