PYZ News and Press, Invesco DWA Basic Materials Momentum ETF From 09/08/22

Summary We believe that cash flow and debt sustainability are likely to become increasingly important as real economic growth slows and credit access tightens. Cash flow provides a link between a company’s income statement and their balance sheet. Focusing on the Russel...

Celanese has been a regular in the M&A space at least over the last 10 years and continued to grow. The latest acquisitions (especially M&M from DuPont), however, change the color of its balance sheet with substantially higher leverage. The product portfolio being acquired...

X comprises 3 divisions – U.S., Tubular, and Europe. Since 2013, the U.S. division has been the main contributor. The Tubular division had not generated any returns. The Europe division is facing market and supply risks due to the Ukraine invasion. Assuming zero contribution fr...

The "fear" of a "possible" recession "in the future" has caused the price of steel to plunge and take CLF stock with it. The company reported pretty strong earnings report, and naturally the market had a ludicrous reaction to the one nickel miss versus consensus. Sure, a recession...

Price increases and strong demand for Valvoline’s products and services drove revenue growth for the company in fiscal 2Q22. Valvoline’s retail presence drives strong same-store sales. The company’s same-store sales have grown year-over-year in 15 consecutive year...

Invesco DWA Basic Materials Momentum ETF (PYZ) - $0.2685. 30-Day SEC Yield of 0.96% as of June 17. Payable Jun 30; for shareholders of record Jun 22; ex-div Jun 21. For further details see: Invesco DWA Basic Materials Momentum ETF declares quarterly distribution of $0.2685

Nucor has sold off by more than 30% in the last few months. While the investment has many moving parts, the ultimate driver here is that the stock is cheap. If 2023 sees steel prices weaken substantially, the stock could end up priced at 10x free cash flow. That's not such a bad outco...

Alcoa is facing a tough market, affected by inflationary pressures and the associated interest rate increases. The company has made good steps in controlling their production cost and is transitioning rapidly into "greener" aluminum products. Despite aluminum prices expected to fa...

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...