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StockNews.com
StockNews.com
Business
Jay Soloff

POWR Income Stock of the Week: Sasol Ltd (SSL)

In the current climate where geopolitics, interest rate fears, and a general sense of unease continue to roil markets, it often pays to diversify not only across industries, but geographically as well. Sasol (SSL) is a South African based chemicals and energy company that trades as an ADR (American Depository Receipt) on the NYSE, and is likely overlooked by a large number of U.S. energy investors. 

And, though Sasol is South African based, it has global operations, with U.S. facilities in Texas, Louisiana, and Arizona. The company operates in the gas and oil, and chemicals market, but like many energy companies is moving toward more sustainable energy. 

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