Portfolio Change: LyondellBasell
Today, I am removing my position in chemical and refining company LyondellBasell Industries, NV. (NYSE: LYB – $95.15). The company provided decent sales and earnings results for the fourth quarter, but the shares are now fully valued looking out to the next few years. Thus, I see little upside on the stock from this point. The shares are higher by 14.4% since added to the aggressive list, with a total return of about 18% over that time, including dividends.