Date: Fri, 24 May 2013 01:18:21 +0200
Quote:
- Industrials Sector and Stock Analysis from Seeking Alpha
Why LyondellBasel Makes a Good Buy
http://seekingalpha.com/article/262252-why-lyondellbasel-makes-a-good-buy?source=feed
Text:
Lyondell Basel (LYB) has been a favorite lately of many prominent hedge fund buyers such Jon Paulson, Dan Loeb, and David Einhorn. However, it may not seem obvious why a relatively unknown chemical company with limited financial information has received so much institutional attention while also producing a 22% YTD return. The reason that Lyondell Basel has been a good investment and will continue to be a good buy is because of an improved financial standing, a sound business model, and most importantly, an effective recovery from bankruptcy that did not lose the company significant market share.
Lyondell Basel is Europe's leading specialty chemical company. It is a global corporation with significant presence in the US and Asia-Pacific markets as well. Similar to Dow Chemical (DOW) in the US, Lyondell produces specialty industrial polymers, fuel, and plastics that most people do not realize are part of everyday life. They are
Via FeedShow.com