Jim Cramer's YEV Stock List: Why LyondellBasell is in Focus

Jim Cramer recently released his exclusive YEV list of stocks that meet his stringent criteria. The purpose of this compilation is to identify stocks that excel in terms of yield, earnings growth, and value. The esteemed expert emphasizes that a fund only makes it onto this list if it surpasses the returns of 10-year government bonds, demonstrates an exceptional earnings growth of over 14%, and is valued more favorably than the S&P 500. Although the seasoned analyst acknowledges that meeting these criteria is challenging, they have identified nine exciting stocks. In these economically uncertain times, Cramer recommends exercising particular caution when making investment decisions, even though the Federal Reserve has created a positive environment for investors. Despite historically good October performances, he advises prudent action. The focus of the current edition of his format "Mad Money" is LyondellBasell, which stands out on the list due to its attractive dividend yield of 5.62%. However, the company's past annual performance was rather sobering. Some of the challenges for the chemical giant arise from the cyclical nature of the industry, which fluctuates more when the global economy slows down. Nevertheless, Cramer sees investment opportunities regarding the future with a potential interest rate reversal by the Federal Reserve. LyondellBasell, a global leader in petrochemicals and plastics, impresses with strategic initiatives and significant cash flows amounting to USD 1.3 billion in the second quarter. These funds are aimed at strategically aligning towards a goal of an additional USD 3 billion EBITDA by 2027. In Cramer's exclusive list, LyondellBasell ranks fourth, but he also pays attention to promising alternatives in the field of AI stocks.