LyondellBasell: A 9.5% Yield The Market Doesn't Believe In But Should
LyondellBasell Industries (NYSE: LYB ) stock caught my interest when looking at it because it's a cyclical stock, likely near a cyclical low with a 9.5% dividend yield. That's not a setup that will last forever. Shares now trade at $57.75 at the timeI prefer to look for GARP (growth at a reasonable price) stocks but also look for opportunities everywhere else. I don't have a specified time horizon. I invest in a stock for as long as my thesis holds true, and I get out when the facts change. In addition, I'v ...