Just going to throw this one out here as a Value Investing idea CE Celanese Corp. For those willing to consider something outside of digital/tech. I happen to like it. Trading at $43.00, 7.2X their full-year guidance of $6.00 EPS (reaffirmed in [earnings report today](https://investors.celanese.com/news/celanese-corporation-reports-second-quarter-earnings/4f485280-d86f-43f3-8068-de01ca04a02c)) and near a 13-year low. Guiding for $700 to $800 million FCF full year. They reported an earnings beat today $2.42 and it dropped 8% go figure. Debt is on the high side after a 2022 $11B acquisition of DuPont business units but they're making good progress on the debt - down $2B in just the past 5 quarters. Take a look at the chart. There hasn't been buybacks but there hasn't been dilution either. Used to pay a pretty nice dividend, its been greatly reduced after the 3M acquisition to focus cash flow on debt reduction.
Chemical products used in things like plastics, paints, adhesives. Competitors such as DOW and BASF. Significant cost advantage on the global market due to cheap U.S. natural gas (significant input cost)
I know many investors like to just look at a chart and say its going the wrong direction (or right direction), that's fine, but for those who have experienced the benefits of buying in a cyclical trough, take a look.
I took a lot of flack here suggesting BSX (Boston Scientific) at $43 recently (such an ugly chart that was!), now its $50 and announced AMC today, the CEO just purchased $9M of stock - open market. He bought as soon as he was free to after an earnings blackout.