Down -22.21% in 4 Weeks, Here's Why You Should You Buy the Dip in Calumet, Inc. (CLMT)
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Calumet, Inc. (CLMT) has experienced a significant drop of 22.21% over the past four weeks, making it technically oversold. This suggests a potential trend reversal, especially as Wall Street analysts are revising earnings estimates higher.
January 22, 2025 | 4:00 pm
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Calumet, Inc. (CLMT) has dropped 22.21% in the last four weeks, becoming technically oversold. Analysts are revising earnings estimates higher, suggesting a potential trend reversal.
The stock's significant drop and oversold status suggest a potential buying opportunity. The upward revision of earnings estimates by analysts further supports the likelihood of a positive price movement.
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