BBBY - The Lesson LyondellBasell Might Soon Learn From Nike And Bed Bath & Beyond
- The Wall Street consensus at $120 per share suggests significant upside.
- I disagree given the current development within its raw material base and potential lack of opportunity to pass price increases onto its customers.
- LyondellBasell is a shareholder-friendly company which I believe belongs in the portfolio of a dividend growth investor but that I’d await the coming Q3-21 to observe guidance.
- Other companies have been punished on weak guidance recently and the Q3-21 due end of October could cause a strong reaction both up or down for the stock if guidance is affected.
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The Lesson LyondellBasell Might Soon Learn From Nike And Bed Bath & Beyond