5 Best Materials Stocks for 2021

Page 5 of 5

1. LyondellBasell Industries N.V. (NYSE: LYB)

Number of Hedge Fund Holders: 47

LyondellBasell Industries N.V. (NYSE: LYB) is a chemical company operating in the US, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company ranks 1st on our list of the best materials stocks for 2021.

This May, LyondellBasell Industries N.V. (NYSE: LYB) declared a 7.6% increase in its dividend, making it $1.13 per share, with a forward yield of 3.98%. In the first quarter of 2021, LyondellBasell Industries N.V. (NYSE: LYB) had an EPS of $3.20, beating estimates by $0.55. The company’s revenue was $9.08 billion, up 21.19% year over year but missing estimates by $37.2 million. The stock has gained 15.86% in the past 6 months and year to date and LyondellBasell Industries N.V. (NYSE: LYB) has a gross profit margin of 14.22% as well.

By the end of the first quarter of 2021, 47 hedge funds held stakes in LyondellBasell Industries N.V. (NYSE: LYB) worth roughly $891 million. This is compared to 27 hedge funds in the previous quarter with a total stake value of roughly $682 million.

You can also take a peek at the Top Construction Companies in the US in 2021 and 10 Best Steels Stocks to Buy Amid Upcoming Infrastructure, Construction Boom.

Page 5 of 5