Exceptions To A Low Period

person using MacBook Pro on table

Image Source: Unsplash

I am not supplying tables for this text, as this is a bad moment for most of our stock holdings -- with a couple of nifty exceptions. I will try to post from London next Sunday at the end of April.

Barron's in this week's edition provided a write-up of one my favorite companies, Johnson-Matthey. (JMPLY) I hope my readers saw the article in which Rupert Steiner told everyone about the undervaluation of the UK maker of vehicle exhaust catalytic converters in our green age. It has gone up 17% year-to-date, and for a good reason: greatly expanded demand for its carbon-cutting chemicals. I natter on about the charms of Johnson-Matthey often, so my readers know about it.

Mr Steiner may want to look into another firm listed in London which operates in this space, copper miner Antofagasta (ANFGF), which is Chilean. ANFGF has been London-listed for about 100 years.

As a matter of fact Johnson-Matthey was not the sole big winner for us last week. After Tesla (TSLA) got into hot water in China for mistreating its customers, and after two men passed on due to a Tesla self-driving car incident, our alternative Chinese electric vehicle maker Nio (NIO) gained 13.8% on Friday.

A small-cap outfit planning to produce non-Chinese rare earth metals, Energy Fuels (UUUU), which I also nag my readers to buy, rose 4.7%.Energy Fuels got a serious grant from Uncle Sam for its monazite-source rare earth extraction plans.

Thanks to heavy insider buys, our South Korean Amazon copy-cat, Coupang (CPNG), finally moved, up 6.42% on Friday. It was backed by the Motley Fool, not just me, after announcing that it would operate in Singapore and Australia. Our gold miner stock, Kirkland Lake Gold (KL), while still underwater, is less underwater than bigger mining companies.

BeiGene (BGNE), which licenses pharma to China, is one of the few companies in this sector, or from China in general, that is going up. Finally, there was a barely perceptible rise in Ericsson (ERIC) and Nokia (NOK) shares this past week.

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.
William K. 2 years ago Member's comment

Always interesting, even for issues that I am not involved in.

William K. 2 years ago Member's comment

The future of computer driven cars is a bubble, because of the huge barrier to any adequate control software, as the biggest show-stopper. So while they are still rising, there will come that time when the bubble will burst and the shares will be worth only the paper they are printed on.

And keep in mind that to make a profit selling there must be buyers willing and able to pay, and that is not always a given.