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If this Stock HITS this PRICE... I'M SELLING 😱

The Dividend Diplomats discuss LyondellBasell (LYB), a high-yield dividend stock that recently cut its dividend significantly. Despite the cut, the stock has rallied due to geopolitical events impacting the oil market, benefiting LYB's domestic production. One of the hosts plans to sell his shares if the stock hits a specific price target.

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Tickers discussed in this post

LIONBearishMedium ConvictionSignal-backedPrimary

Plan to sell LION if it crosses above $80 due to declining yield and potential for more stable investments.

LYBBearishMedium ConvictionSignal-backedPrimary

The creator plans to sell LYB shares if they reach a specific price target, citing a recent dividend cut and portfolio cleanup.

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