IYM News and Press, iShares U.S. Basic Materials From 06/09/22

iShares U.S. Basic Materials ETF (IYM) - $0.8255. 30-Day SEC Yield of 1.59% as of April. 29. Payable Jun 15; for shareholders of record Jun 10; ex-div Jun 09. For further details see: iShares U.S. Basic Materials ETF declares quarterly distribution of $0.8255

Ecolab is a specialty chemicals company focused on sustainability, which makes it a perfect ESG holding. The company suffered from the pandemic but is set to maintain high net income, EBITDA, and free cash flow growth. Its dividend yield isn't high, but ECL remains in a good spot ...

According to the leading indicators of economic growth, the business cycle looks set to enter a period of material deceleration in the months ahead. This growth downturn is a continuation of the slowdown that began in the latter half of 2021. Combined with this downturn in growth, the...

LYB has had strong performance momentum lately and is returning a lot of cash to shareholders while also deleveraging that balance sheet. While there is a lot to like about LYB, we want a portfolio of our highest conviction picks. We share why LYB is no longer a high conviction bu...

The paper company Sylvamo has generated fantastic capital gains since separating from International Paper in October 2021. The valuation on the basis of earnings is still solidly in value territory, shareholders will begin receiving dividends in July, and a share repurchase program wa...

Hexcel results are improving across its business. Uncertainty on timing of production-rate increases on commercial aircraft programs makes Hexcel somewhat less desirable. Production-rate increases for commercial aircraft programs will play out over several years, so this is a grow...

The stagflation scenario got a little more traction last week with the release of a negative Q1 GDP print on Thursday and hints of more inflation on Friday. April was a really rotten month with everything down but the general commodity indexes. Investing is mostly an exercise in s...

Freeport-McMoRan has seen its share price drop over the past weeks on copper price weakness. The company continues to have a unique portfolio of assets which will enable increased cash flow, as it continues to invest in growth. Even at loftier prices, we recommend investing in Fre...

The trailing PEBV ratio for the NC 2000 fell from 1.7 in 3/31/21 to 1.3 in 3/31/22. This trailing PEBV ratio compares the NC 2000’s expected future profits (as reflected in its price) to its economic book value. Four NC 2000 sectors, Telecom Services, Financials, Basic Mate...

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...