Thursday, May 18, 2023

♟ China Is Risky... but There's a Way to Play It

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China and America Reaching For Lithium

"The answer is to buy the company that mines the critical elements for the cars."

Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance

Karim Rahemtulla

There is little reason to invest in Chinese companies right now.

Political clouds, issues with Taiwan, a lack of transparency in accounting and general negative sentiment are all reasons to stay away.

I get it. I have been against investing directly in China for almost 25 years. Sure, I will trade Chinese stocks now and again. But invest in them? No way!

In fact, my views on the subject have been strong enough for the Chinese to deny me entry to the country unless I signed an affidavit saying that I would not write anything that portrays the nation in a negative light.

But here's the undeniable thing... China is growing, and so is the country's thirst for automobiles, especially cheap electric cars.

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Thanks to a major mistake by Vladimir Putin... Wall Street is now projecting a rise from $30 to $280 for one energy stock.

The company has seen profits rise 2,400% since 2020... it pays a 10% dividend... and it's now able to make up to $200 million per shipment of its product.

Here's everything you need to know from legendary stock picker Alexander Green...

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