Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
LyondellBasell Industries NV (NYSE: LYB)
LyondellBasell Industries NV is a petrochemical producer with operations in the U.S. and Europe. It operates in six segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Advanced Polymer Solutions (APS), Refining and Technology. The company is a major producer of polyethylene, the world’s largest producer of polypropylene, and the second- largest producer of propylene oxide. Its chemicals are used in various consumer and industrial end products. Substantially, all of the company’s revenue is derived from product sales.
A quick look at the price chart below for LyondellBasell Industries shows us that the stock is up 20% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 6.71, which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in LyondellBasell Industries include:
(Shares)
Ken Griffin – 1,449,469
Jeremy Grantham – 353,642
Cliff Asness – 306,052
Jim O’Shaughnessy – 283,604
Israel Englander – 233,318
Ray Dalio – 107,720
Jeremy Hosking – 55,793
Paul Tudor Jones – 52,142
Joel Greenblatt – 13,183
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