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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (56407)	6/11/2020 2:46:54 PM
From: Goose94	Read Replies (1) \| Respond to of 202690

Methanex (MX-T) top pick from Brian Madden on BNN.ca Market Call Thirst-day June 11th @ 1200ET With a 14 per cent share of the global market, Methanex is the world’s largest producer of methanol, a product used in fuel blending, plastics, and other chemical applications. The company operates six production facilities in Canada, the U.S., Chile, Egypt, New Zealand and Trinidad and Tobago. Rare among commodity producers, Methanex generates prolific free cash flow through the cycle thanks to its efficient plants situated near abundant sources of low-cost natural gas feedstock. Methanol prices are cyclically depressed amidst pandemic-ravaged demand for transportation fuels, affording an opportune entry point into the stock, with the shares trading at 1.3 times book value versus their 10-year average of 2.5 times.