Cyclical Investing's Countercyclical Payoff: Street Whispers
Apollo's investment in LyondellBasell spans a complicated Wall Street saga that includes a leveraged buyout and an industry-rattling bankruptcy -- but the firm's investing success boils down to properly understanding the interplay between cyclical earnings and valuations - with strong relevance to the ordinary investor.
TheStreet Ratings rates LyondellBasell Industries as a "hold." You can view the full Ratings Report Ratings Report for LyondellBasell for more on the company's financial performance.
-- Written by Antoine Gara in New York