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

To: Goose94 who wrote (133539)	12/5/2022 2:55:25 PM
From: Goose94	Read Replies (1) \| Respond to of 203026

Neo Performance Materials (NEO-T) top pick from Stephen Takacsy on BNN.ca Market Call Monday December 5th @ 1200ET Neo Materials is a really unique company. It is the global leader in the manufacture of magnetic powders and magnets used in micro-motors and a global leader in the processing of rare earths to make highly engineered industrial materials. Its customers are mainly in the automotive, electronics and semiconductors as well as specialty chemicals industries. It is a global leader in supplying magnets used in micro-motors and materials used in catalytic converters in the automotive industry, with a huge market opportunity to supply materials in the electric vehicles market for traction motors. It has 10 manufacturing facilities in Asia, Europe and North America, and recently announced the construction of a new plant in Europe to supply the European EV market supported by EU grants and contracts with European car manufacturers. A strategic buyer, Hastings Technology Metals, recently acquired 20 per cent of the company for $15 per share and the stock is trading at just over $10. Neo is a very profitable cash generating-company with no debt trading at only 4X EBITDA with huge growth potential. Neo also pays a dividend yielding nearly four per cent. This is a safe way to gain exposure to rare earths and the EV industry and a likely takeover candidate down the road just as it was previously acquired for $1.3 billion by Molycorp in 2012 before going public again in 2018.