What do MM think of NVX & PLS?

Hi Tony,

Thanks for the thumbs up, always appreciated! Pilbara Minerals (PLS) is clearly a stock on peoples radar, you are the 2nd person to ask specifically about the stock this week, conversely Novonix (NVX) is a new one for 2022:

1 – Novonix (NVX) $2.02 – After its shares have plunged well over  -80% from its December high NVX has become a $980mn business that develops and manufactures energy storage equipment, an extremely volatile space over recent years. We prefer the more stable players for exposure to EV / clean energy most of which endured a tough session on Friday e.g. IGO Ltd (IGO), Allkem (AKE) and Pilbara Minerals (PLS) which is mentioned below.  For a highly speculative play at the cutting edge of environmental solutions for industrial materials, have a look at Calix (CLX) – Click Here

2 – Pilbara Minerals (PLS) $2.45 – the EV / ESG space had become a very crowded theme through 2022 which made it easy for the stock to fall almost 50%. Short-term we can see a bounce towards ~$2.75 but for now this is a stock we would prefer to buy into periods of sharp weakness as opposed to strength.

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Novonix Ltd (NVX)

LAST UPDATED 15/07/2022 12:22

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Novonix Ltd (NVX)

LAST UPDATED 15/07/2022 12:22