LyondellBasell (LYB) is a Top Jim Cramer Iran War Stock Pick

LyondellBasell Industries NV (NYSE:LYB) is one of Jim Cramer’s Top Iran War Stocks Revealed in This List of 10 Stocks. LyondellBasell Industries NV (NYSE:LYB) is one of the largest chemical companies in the world. Its shares are up by 32.5% over the past year and by 71.5% year-to-date. Citigroup discussed the firm in March as it raised the share price target to $76 from $49 and upgraded the rating to Buy from Neutral. The bank comments about LyondellBasell Industries NV (NYSE:LYB) mirrored those it had made about chemicals giant Dow. As per Citi, like Dow, the firm can benefit from the hostilities in Iran in the form of lower margins for North American chemical producers who benefit from lower natural gas prices. The bank added that it expected LyondellBasell Industries NV (NYSE:LYB) to grow operating income by 31%, but added that uncertainties about the duration of the Iranian conflict were also a factor that it was focused on. On April 8th, Citi raised the share price target to $90 from $76 and maintained its Buy rating. Cramer briefly mentioned LyondellBasell Industries NV (NYSE:LYB) after BofA downgraded Dow but hiked the share price target:

“And they also David, LyondellBasell and Westlake, wow, I mean like holy cow, they are really attacking the Chem 7 here. Even though they’re raising estimates and price targets, uh uh, sell Dow. David, this is a gutsy call.

“LyondellBasell is another one, oh my god, it’s a great company. If you believe. If you believe that the war is going to go on and on. Here you go. This is better than Polymarket and Kalshi. It is. This is like a Kalshi, king Kalshi in reverse.”

While we acknowledge the risk and potential of LYB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LYB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.