Quote:
Originally Posted by DoubleK
Up 10 points again today.
Guess I missed this one.
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Still waiting for that pullback that never comes.
I think it has a chance to be a good long-term stock as is. I like that what they provide is pretty agnostic and focuses on the motor, not any particular battery or specific use. So it doesn't matter what battery type (ie lithium, solid-state, hydrogen etc), or OEM you're a fanboy of (Tesla, Rivian, Ford etc)...they all use motors that benefit.
Add in the fact that it's the only operating Rare Earth miner in North America, in an industry dominated by China, probably means good things with the incoming administration that will most likely be pouring a ton of money/support into the this type of stuff.