Is This Critical Metals Play Just Another Trump‑Era Geopolitical Lottery Ticket?
It's hard not to get caught up in stocks' day-to-day gyrations, and there's plenty of near-term noise absorbed by investors, but at the end of the day, owning stocks is an avenue for participating in a company's future, hopefully growing earnings. Investors taking fliers on Critical Metals (NASDAQ: CRML) have to balance near-term noise with future expectations because this materials stock can give and take away in short order. From the 52-week high of $32.15 notched last October, Critical Metals closed at $11.46 on Wednesday, May 13. On the other hand, the stock surged 26% over the past month. Talk about a roller-coaster ride. Then there's the element of future expectations, because at the moment, this is a mining company that, well, isn't mining anything yet. So it's not unreasonable to say that owning Critical Metals stock today is owning hope, which adds to the meme-stock, lottery-ticket vibes attached to this name.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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