Another High-Yielding Stock to Buy ASAP – 12/16

Company: Sasol (SYM: SSL)

With a yield of 12.65%, Sasol (SYM: SSL) is a severely undervalued South African energy and chemical company. While the company offers several products, including alumina, battery materials, abrasives and polishing, and polymer additives; carbon-based products; graphite electrodes; and mono-ethylene glycol and chlor-alkali products, monomers, mining chemicals and reagents, blends and hydrocarbons, methanol products, polymers, phenolics, and fertilizers, one of its major focal points is sustainable aviation fuel and synthetic jet fuel.

Huge Alerts

Discover the Bull Market’s Hidden Gold Secret

gold

In recent years select gold mining stocks have really kicked into high gear, handing investors even bigger profits. As this historic gold bull market continues to roar, this stock could be the next big winner.

See how this stock could turn Madsen into a big success and what it could mean for early shareholders!

Sasol recently partnered with Topsoe, a leader in carbon emission reduction technologies, to launch Zaffra, which could become a key player in the aviation industry with a focus on sustainable aviation fuel (SAF). Plus, “The growing demand for SAF will require multiple pathways and Zaffra is in a unique position to become a relevant player in this market,” added Jan Toschka, CEO of Zaffra, as quoted by biofuels-news.com.

In addition, Investments in SAF have increased due to the U.S. Environmental Protection Agency’s Renewable Fuel Standard (RFS), federal tax credits, and state programs and tax credits incentivizing use of the fuel. The White House also set a goal of meeting 100% of U.S. aviation fuel demand with SAF by 2050. About 1.6 million b/d of petroleum jet fuel was consumed in the United States in 2023, and we project U.S. jet fuel demand in 2050 to exceed 2.0 million b/d in our 2023 Annual Energy Outlook,” as noted by the U.S. Energy Information Administration.

All of which could help fuel further upside in Sasol Ltd. (SYM: SSL).

InvestorPlace Media

Wall St. Icon: “If you wait on this, it will already be too late”

louis n

If you have a significant amount of money in the stock market right now — or if you’re sitting on the sidelines waiting to make a move — you DO NOT want to miss my latest research.

My goal is to get as many people as I can in front of what’s coming.

If you wait until your hand is forced, it will already be too late.

You absolutely MUST get on the right side of this thing.

Go here now to see my urgent warning.

 

Not only can investors benefit from potential price appreciation, but they can also collect its current yield of 12.65% along the way. We should also mention that SSL trades at a fraction of growth with a PEG ratio of just 0.14. It’s also trading at less than a quarter of sales, and with a price to book ratio of 0.40. In addition, its forward P/E ratio sits at just 7.81.

Funds have been buying the high-yielding stock, too.

Steven Cohen’s Point72, for example, increased its stake by nearly 313% as of the end of September. Ken Griffin’s Citadel Advisers increased its stake by 150%. 

Again, with a yield of 12.7%, Sasol Ltd. (SYM: SSL) is an attractive opportunity.

Crypto 101

My TOP Altcoin for right now is…

coin book

Searching for the top investment opportunity in crypto? Look no further.

Our $3 report gives you the full scoop. You’ll get this exciting token’s name, our recommended investment strategy, and growth projections.

Time is of the essence with this one… all the intel is just a click away.

deal of the month

best growth stocks

Alliance

Bundle package – lifetime subscriptions for all products

Categories

Recent posts

Tags

Connect with Us

Get FREE Daily Stock Tips

Join and receive market insider stock picks, trade alerts and unique investing insights
This field is for validation purposes and should be left unchanged.
By clicking the "Subscribe" button you are accepting our Terms of Use and Privacy Policy.

Join Waitlist

We’re sorry, but due to the popularity of our services, we have reached our max number of subscribers and are not currently accepting more. If spots become available, we will be sure to contact you. Please join the waitlist below.
Thank You!

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.