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Hold or sell Lynas (LYC)?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked

Hold or sell Lynas (LYC)?

Wondering whether LYC is one of those stocks which you feel should be sold down (on a high at present) ..or continue to hold for potential further upside? Many thanks for your great work on the MM newsletters providing very useful insights! – Don H.  

Answer

Lynas (LYC): LYC looks great technically, and we believe they will benefit as the world continues to look for rare-earth supply outside of China. We are long LYC in our Emerging Companies Portfolio (click here) and we intend to stay long for now i.e. we are not taking profits.

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Lynas Corp Ltd (LYC)
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