Jim Cramer Talked About These 8 Stocks

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

Number of Hedge Fund Holders: 46

A caller asked if Cramer would recommend accumulating some shares of LyondellBasell Industries N.V. (NYSE:LYB) and he replied:

“Here’s the problem, this, and I’m going to do a twofer, this and Dell, they need China to get stronger. They need worldwide growth and we’ve got China getting weaker. We’ve got worldwide weakness and that unfortunately makes it so we can’t take it. We can’t take some down.”

LyondellBasell (NYSE:LYB) is a chemical company that produces and markets a wide range of products, including olefins, polyolefins, polypropylene, advanced polymers, and refined petroleum products. The company also develops chemical technologies and provides solutions for various industries.

Alluvium Asset Management stated the following regarding LyondellBasell Industries N.V. (NYSE:LYB) in its Q4 2024 investor letter:

“LyondellBasell Industries N.V. (NYSE:LYB), the chemical and plastics manufacturer, reported disappointing, albeit not surprising results and was down 21.3% over the quarter. Market conditions remain poor, and this did cause us to make some minor changes to our valuation (which decreased by 5%). Still, at the current price of around 10 times earnings (which are at a cyclical low) it offers a 7% after tax dividend yield, and is well positioned to benefit from increasing demand as the supply side consolidates. We bought more to maintain a position of 4.7%.”