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Barchart

Jim Van Meerten

Why Barchart’s Top Technical Analysis Expert Isn’t Adding This Hot Stock (Up 220%) to His Portfolio

Barchart Calumet

Calumet (CLMT) exhibits strong technical momentum, with shares setting a new all-time high on Friday, Sept. 18.
Shares are up more than 220% over the past year.
Analyst sentiment is divided with price targets ranging from $40 to $75.
I remain cautious due to inconsistent future revenue and earnings expectations, despite exceptional recent price appreciation.

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