10 Best Materials Stocks to Buy Right Now

4) Celanese Corporation (NYSE:CE)

Average Upside Potential: 35.2%

Celanese Corporation (NYSE:CE) is a chemical and specialty materials company, which manufactures and sells high-performance engineered polymers in the US and internationally.

Wall Street analysts are optimistic about Celanese Corporation (NYSE:CE)’s long-term potential as it remains focused on cost management and operational excellence. For 2025, the company focuses on 4 key things. These include cost reduction, delivering synergies, enhancing the Engineered Materials pipeline, and leveraging the Acetyl Chain. Celanese Corporation (NYSE:CE) targets to align production and inventory with demand and remains focused on free cash flow.

Industry experts believe that strong margins in the Acetyl Chain segment are expected to continue because of advantageous technology and cost structures. While Celanese Corporation (NYSE:CE) is facing a challenging environment, its commitment to operational excellence, cost management, and a healthy project pipeline should help it overcome this environment. The company focuses on reducing manufacturing costs through the end of 2024 by temporarily idling production facilities in every region and driving cash generation through an expected $200 million inventory release in Q4 2024.

Celanese Corporation (NYSE:CE) continues to focus on implementing additional cost reduction programs which should realize incremental savings greater than $75 million by 2025 end. The focus of these programs will be on driving productivity in selling, general, and administrative (SG&A) costs. Celanese Corporation (NYSE:CE) plans to efficiently and stringently deploy capital, and targets next year’s CapEx spending to be below 2024 levels.

As per Wall Street, the shares of Celanese Corporation (NYSE:CE) have an average price target of $113.25.