LyondellBasell Industries N.V. Class A (LYB) has completed the
acquisition of solvent-based recycling company APK, which promises to enhance its product portfolio and possibly deliver long-term returns. Renowned stock analyst
Jim Cramer has recently recommended buying LYB shares, considering the current market performance as a lucrative investment opportunity. Conversely, LYB shares underperformed on the market on Friday, but bounced back to outperform the market on both Thursday and Monday, indicating the company's resilience to short-term fluctuations. Furthermore, the company has struck an impressive
$700 million deal to sell its Ethylene Oxide and Derivatives Business to Ineos Oxide, suggesting they are re-aligning their business strategy towards more profitable segments. Last but not least, the concept of trading LYB with restricted risk controls has also been alluded to, showcasing a calculated approach towards shareholding in LYB.
Lyondellbasell Industries N v Class A LYB News Analytics from Tue, 04 Aug 2020 10:36:05 GMT to Sat, 19 Oct 2024 11:03:13 GMT -
Rating 8
- Innovation 3
- Information 7
- Rumor 2
