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Lyondell Chemical Co. (LYO)

TOP PICK
Pays a juicy dividend. Great free cash flow.
TOP PICK
3rd largest chemical company in North America. Big producer of ethylene. Running at 96% of capacity. Margins are starting to expand. Also in the refinery business.
STRONG BUY
Big fan of the chemicals and owns Nova Chemicals (NCX-T) and Lyondell (LYO-N). Ethylene is going to go a lot higher and this company is the most leveraged. Weak balance sheet. Free cash flow is spectacular. Very cheap. Prefers this company over Methanex MX-T).
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