LyondellBasell Industries NV (LYB): Today's Featured Chemicals Winner

LyondellBasell Industries ( LYB) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.8%. By the end of trading, LyondellBasell Industries rose $1.16 (2.9%) to $40.78 on light volume. Throughout the day, 2.7 million shares of LyondellBasell Industries exchanged hands as compared to its average daily volume of 3.7 million shares. The stock ranged in a price between $40-$41.31 after having opened the day at $40.02 as compared to the previous trading day's close of $39.62. Other companies within the Chemicals industry that increased today were: China Green Agriculture ( CGA), up 7.3%, Lightbridge ( LTBR), up 6.4%, Arabian American Development Company ( ARSD), up 6.3%, and Rentech ( RTK), up 6.1%.

LyondellBasell Industries N.V. manufacturers and sells chemicals and polymers, refines crude oil, produces gasoline blending components, and develops and licenses technologies for the production of polymers. LyondellBasell Industries has a market cap of $22.8 billion and is part of the basic materials sector. The company has a P/E ratio of 10.9, below the average chemicals industry P/E ratio of 11.2 and below the S&P 500 P/E ratio of 17.7. Shares are up 22.1% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate LyondellBasell Industries a buy, one analyst rates it a sell, and one rates it a hold.

TheStreet Ratings rates LyondellBasell Industries as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider Materials Select Sector SPDR ( XLB) while those bearish on the chemicals industry could consider ProShares Short Basic Materials Fd ( SBM).

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