Q: I have a 2% position in Lyondellbasell Industries. I bought it as an RBC Top Pick but it never went anywhere and I'm now even on my purchase price with gains only on the dividend. What is your opinion on this stock moving forward and would a switch into Dow Chemical be a better opportunity for growth + dividend? Thanks
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Investment Q&A
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Q: I have been looking at Lyondellbasil (LYB:NYSE) and Methanex (MX:TSX) as potential plays on the US industrial/chemical resurgence and cheap natural gas prices. I notice that LYB is not mentioned very often despite having had a great run and IMO still trading cheap relative to the rest of the S&P 500 (forward P/E). What are your thoughts on LYB? Is it worth picking up or is Methanex a better investment?