Latest news with #HPAL
Bloomberg
2 days ago
- Business
- Bloomberg
The World's Most Profitable Nickel Plants Face Cost Challenge
A pioneering group of Indonesian nickel smelters with the world's lowest production costs has been hit by a jump in the price of a key raw material, crimping their profitability just as the market is saddled with a glut. The price of sulfur, a chemical used to produce acid, has more than tripled in price over the past year, driven by increased demand. That's a headache for producers in Indonesia that use high-pressure acid leaching, known as HPAL. The breakthrough technique enables the smelters to extract metal from low-grade ore with chemicals, avoiding the need for blast furnaces.
Yahoo
28-04-2025
- Business
- Yahoo
Is ATI Inc. (ATI) Among the Best Nickel Stocks to Buy According to Hedge Funds?
We recently compiled a list of the 12 Best Nickel Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where ATI Inc. (NYSE:ATI) stands against the other nickel stocks. Nickel is a metal that is used extensively in manufacturing. It is a key component of stainless steel and is valued for its corrosion resistance. It is also among the most abundant resources. According to the International Nickel Study Group, primary nickel production will rise by 4.6% globally in 2024 and then by an additional 3.8% in 2025. About 150,000 tonnes of nickel will be in excess globally in 2025, according to Nornickel, mostly in high-grade nickel segments. The nickel industry is booming. As per Fortune Business Insights, the size of the global nickel market was estimated at $41.61 billion in 2023 and is projected to keep growing at a compound annual growth rate (CAGR) of 7.3%, from $44.59 billion in 2024 to $73.15 billion by 2032. In 2023, Asia Pacific held an 82.62% market share, dominating the nickel market. Furthermore, it is anticipated that the nickel market in the United States will expand to a size of $2.01 billion by 2032, led by the electric vehicle industry, continuous infrastructure projects, and strong demand from the production of stainless steel. However, nickel stock investing might be challenging. Mining businesses are cyclical, and stock prices fluctuate in line with the market price of nickel. Fears of a recession and a decline in industrial demand have caused nickel prices to fluctuate in early 2025, dropping from around $17,000 per metric ton to less than $16,000 in March, according to S&P Global Commodity Insights. Since nickel is necessary for NCM and NCA batteries in electric vehicles, the long-term demand picture is still favorable. Through 2030, the demand for nickel from EV batteries is anticipated to increase by 15% to 20% globally (IRENA). Long-term supply agreements have been negotiated by two major automakers to guarantee access to battery-grade nickel. That said, prices have been under pressure due to the expansion in supply, particularly from Indonesia, which produced over 1.6 million metric tons in 2024 and accounts for about 50% of the global supply. Despite high costs and environmental concerns, Indonesia's export prohibition and the growth of HPAL projects are changing the supply chain landscape. Although environmental and legal barriers exist, the Philippines is also increasing its output. The market is further complicated by geopolitical concerns. Western sanctions are forcing Russian supplies to reroute to China, while the EU looks for alternatives in countries like Canada and Australia. Trump's plans, which include possible tariffs on Chinese nickel, have placed an intense focus on essential resource extraction in the United States. LME 3M nickel prices are expected to average $16,026/t in 2025, according to S&P Global, with supply disruptions and changes in trade policy being the main concerns. According to the latest report by S&P Global, in light of growing uncertainty from tariff-led global trade tensions, the Asian nickel market may continue to face pressure in the months ahead. This will be due to a supply surplus fueled by higher Indonesian production levels and weak demand from key nickel-consuming industries, such as electric vehicles and stainless steel. Jason Sappor, metals and mining research senior analyst at S&P Global Commodity Insights, stated: 'Amid an unstable global macroeconomic backdrop, we expect the global primary nickel market to remain oversupplied in 2025, with production from Indonesia forecast to expand further this year, despite challenges like tight nickel ore availability and a potential royalty rate hike on nickel products by the government,' A worker in safety gear welding a complex titanium component in a factory setting. For this article, we sifted through the online rankings to form an initial list of the 20 Nickel Stocks. From the resultant dataset, we chose 12 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1,009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's market cap as of April 25, 2025, as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here). Number of Hedge Fund Holders: 45 ATI Inc. (NYSE:ATI) manufactures and markets complex components and specialty materials. The HPMC business manufactures a range of materials, including superalloys, nickel- and cobalt-based alloys, titanium, and titanium-based alloys. The AA&S section manufactures zirconium and related alloys, such as hafnium and niobium, nickel-based alloys, titanium, and titanium-based alloys, among others. It is ranked second on our list of the Best Nickel Stocks. The firm reported $1.2 billion in revenue for the fourth quarter that concluded on December 29, 2024, which is a 10% year-over-year growth and a 12% sequential gain. Adjusted EBITDA hit $210 million, which was higher than expected. Rising to $4.4 billion, ATI Inc. (NYSE:ATI)'s full-year sales were the highest since 2012 and represented a 5% increase over 2023. Jet engine revenue jumped to 9%, airframe revenue increased by 4.5%, and aerospace and defense continued to be major growth drivers. However, the defense market, a major buyer of magnesium-based alloys from ATI Inc. (NYSE:ATI), saw a 38% sequential increase in Q4 2024 and is expected to grow by an additional 7% in 2025. A potential $200 billion increase in U.S. defense funding, of which 50% goes toward its programs, supports this expansion. Additionally, the firm secured $4 billion in new client commitments in 2024, strengthening its long-term revenue pipeline. Record levels of output and operational efficiency have resulted from the company's large investments in AI technology and equipment reliability. ATI Inc. (NYSE:ATI) announced $4 billion in new sales agreements, and higher defense spending is expected to benefit its products. Benchmark maintained its Buy rating on the company shares and increased its price objective from $80 to $81. The analyst informs investors that ATI Inc. (NYSE:ATI)'s FY25 projection 'looks beatable,' backed by record MRO backlogs, and that the company is well-positioned with rising titanium capacity to experience faster growth after FY25. Overall, ATI ranks 2nd on our list of the 12 Best Nickel Stocks to Buy According to Hedge Funds. While we acknowledge the potential of Nickel companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ATI but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
28-04-2025
- Business
- Yahoo
Is BHP Group Limited (BHP) Among the Best Nickel Stocks to Buy According to Hedge Funds?
We recently compiled a list of the 12 Best Nickel Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where BHP Group Limited (NYSE:BHP) stands against the other nickel stocks. Nickel is a metal that is used extensively in manufacturing. It is a key component of stainless steel and is valued for its corrosion resistance. It is also among the most abundant resources. According to the International Nickel Study Group, primary nickel production will rise by 4.6% globally in 2024 and then by an additional 3.8% in 2025. About 150,000 tonnes of nickel will be in excess globally in 2025, according to Nornickel, mostly in high-grade nickel segments. The nickel industry is booming. As per Fortune Business Insights, the size of the global nickel market was estimated at $41.61 billion in 2023 and is projected to keep growing at a compound annual growth rate (CAGR) of 7.3%, from $44.59 billion in 2024 to $73.15 billion by 2032. In 2023, Asia Pacific held an 82.62% market share, dominating the nickel market. Furthermore, it is anticipated that the nickel market in the United States will expand to a size of $2.01 billion by 2032, led by the electric vehicle industry, continuous infrastructure projects, and strong demand from the production of stainless steel. However, nickel stock investing might be challenging. Mining businesses are cyclical, and stock prices fluctuate in line with the market price of nickel. Fears of a recession and a decline in industrial demand have caused nickel prices to fluctuate in early 2025, dropping from around $17,000 per metric ton to less than $16,000 in March, according to S&P Global Commodity Insights. Since nickel is necessary for NCM and NCA batteries in electric vehicles, the long-term demand picture is still favorable. Through 2030, the demand for nickel from EV batteries is anticipated to increase by 15% to 20% globally (IRENA). Long-term supply agreements have been negotiated by two major automakers to guarantee access to battery-grade nickel. That said, prices have been under pressure due to the expansion in supply, particularly from Indonesia, which produced over 1.6 million metric tons in 2024 and accounts for about 50% of the global supply. Despite high costs and environmental concerns, Indonesia's export prohibition and the growth of HPAL projects are changing the supply chain landscape. Although environmental and legal barriers exist, the Philippines is also increasing its output. The market is further complicated by geopolitical concerns. Western sanctions are forcing Russian supplies to reroute to China, while the EU looks for alternatives in countries like Canada and Australia. Trump's plans, which include possible tariffs on Chinese nickel, have placed an intense focus on essential resource extraction in the United States. LME 3M nickel prices are expected to average $16,026/t in 2025, according to S&P Global, with supply disruptions and changes in trade policy being the main concerns. According to the latest report by S&P Global, in light of growing uncertainty from tariff-led global trade tensions, the Asian nickel market may continue to face pressure in the months ahead. This will be due to a supply surplus fueled by higher Indonesian production levels and weak demand from key nickel-consuming industries, such as electric vehicles and stainless steel. Jason Sappor, metals and mining research senior analyst at S&P Global Commodity Insights, stated: 'Amid an unstable global macroeconomic backdrop, we expect the global primary nickel market to remain oversupplied in 2025, with production from Indonesia forecast to expand further this year, despite challenges like tight nickel ore availability and a potential royalty rate hike on nickel products by the government,' An aerial view of a mining operation in action, with large trucks and yellow diggers. For this article, we sifted through the online rankings to form an initial list of the 20 Nickel Stocks. From the resultant dataset, we chose 12 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1,009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's market cap as of April 25, 2025, as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here). Number of Hedge Fund Holders: 28 One of the biggest mining firms in the world, BHP Group Limited (NYSE:BHP), is expanding its business to produce more nickel, making it one of the Best Nickel Stocks. Nickel West, based in Western Australia, is a fully integrated business that includes mining, smelting, and refining. This business specializes in manufacturing premium nickel materials made especially for the supply chain of EV batteries. In 2024, BHP Group Limited (NYSE:BHP)'s Nickel West produced over 80,000 metric tons of nickel, with 85% of that being used by EV battery manufacturers. The company's low-carbon production methods, backed by investments in renewable energy, show its dedication to sustainability. For example, the firm recently announced a 50% decrease in greenhouse gas emissions at Nickel West by 2030, which is consistent with its overall decarbonization ambitions. Through several programs, BHP Group Limited (NYSE:BHP) is also stepping up its exploration efforts to safeguard future nickel resources. Among these is the West Musgrave Project, which it added to its portfolio after purchasing OZ Minerals in May 2023. Although this project is still in its early phases, when it is finished, it should greatly increase the company's nickel production. Over the next five years, BHP Group Limited (NYSE:BHP) plans to upgrade its facilities and raise its nickel production capacity by spending billions of dollars. This includes improving the Kalgoorlie Nickel Smelter and Kwinana Refinery, as well as developing the Venus nickel deposit. The goal of these initiatives is to satisfy the growing demand for premium Class 1 nickel, which is necessary for lithium-ion batteries. Overall, BHP ranks 6th on our list of the 12 Best Nickel Stocks to Buy According to Hedge Funds. While we acknowledge the potential of Nickel companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BHP but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
28-04-2025
- Automotive
- Yahoo
Is Vale S.A. (VALE) Among the Best Nickel Stocks to Buy According to Hedge Funds?
We recently compiled a list of the 12 Best Nickel Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Vale S.A. (NYSE:VALE) stands against the other nickel stocks. Nickel is a metal that is used extensively in manufacturing. It is a key component of stainless steel and is valued for its corrosion resistance. It is also among the most abundant resources. According to the International Nickel Study Group, primary nickel production will rise by 4.6% globally in 2024 and then by an additional 3.8% in 2025. About 150,000 tonnes of nickel will be in excess globally in 2025, according to Nornickel, mostly in high-grade nickel segments. The nickel industry is booming. As per Fortune Business Insights, the size of the global nickel market was estimated at $41.61 billion in 2023 and is projected to keep growing at a compound annual growth rate (CAGR) of 7.3%, from $44.59 billion in 2024 to $73.15 billion by 2032. In 2023, Asia Pacific held an 82.62% market share, dominating the nickel market. Furthermore, it is anticipated that the nickel market in the United States will expand to a size of $2.01 billion by 2032, led by the electric vehicle industry, continuous infrastructure projects, and strong demand from the production of stainless steel. However, nickel stock investing might be challenging. Mining businesses are cyclical, and stock prices fluctuate in line with the market price of nickel. Fears of a recession and a decline in industrial demand have caused nickel prices to fluctuate in early 2025, dropping from around $17,000 per metric ton to less than $16,000 in March, according to S&P Global Commodity Insights. Since nickel is necessary for NCM and NCA batteries in electric vehicles, the long-term demand picture is still favorable. Through 2030, the demand for nickel from EV batteries is anticipated to increase by 15% to 20% globally (IRENA). Long-term supply agreements have been negotiated by two major automakers to guarantee access to battery-grade nickel. That said, prices have been under pressure due to the expansion in supply, particularly from Indonesia, which produced over 1.6 million metric tons in 2024 and accounts for about 50% of the global supply. Despite high costs and environmental concerns, Indonesia's export prohibition and the growth of HPAL projects are changing the supply chain landscape. Although environmental and legal barriers exist, the Philippines is also increasing its output. The market is further complicated by geopolitical concerns. Western sanctions are forcing Russian supplies to reroute to China, while the EU looks for alternatives in countries like Canada and Australia. Trump's plans, which include possible tariffs on Chinese nickel, have placed an intense focus on essential resource extraction in the United States. LME 3M nickel prices are expected to average $16,026/t in 2025, according to S&P Global, with supply disruptions and changes in trade policy being the main concerns. According to the latest report by S&P Global, in light of growing uncertainty from tariff-led global trade tensions, the Asian nickel market may continue to face pressure in the months ahead. This will be due to a supply surplus fueled by higher Indonesian production levels and weak demand from key nickel-consuming industries, such as electric vehicles and stainless steel. Jason Sappor, metals and mining research senior analyst at S&P Global Commodity Insights, stated: 'Amid an unstable global macroeconomic backdrop, we expect the global primary nickel market to remain oversupplied in 2025, with production from Indonesia forecast to expand further this year, despite challenges like tight nickel ore availability and a potential royalty rate hike on nickel products by the government,' Aerial view of a giant iron ore mine, showcasing the mineral deposits of the company's Ferrous Minerals segment. For this article, we sifted through the online rankings to form an initial list of the 20 Nickel Stocks. From the resultant dataset, we chose 12 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1,009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's market cap as of April 25, 2025, as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here). Number of Hedge Fund Holders: 36 Vale S.A. (NYSE:VALE) is one of the leading metal miners and a mining corporation established in Brazil. One of the firm's specialties is nickel, making it among the Best Nickel Stocks. According to the business, it has surpassed Russia's Norilsk Nickel, which is currently facing sanctions for the invasion of Ukraine, to become the world's largest producer of nickel. Vale S.A. (NYSE:VALE) has a long history of being a leading supplier, refiner, and carrier of metals like nickel. Its stock is worth considering for investors seeking exposure to this essential component of the manufacturing industry. Despite being a cyclical company, it makes excellent profit margins that are utilized to increase shareholder value through stock repurchases and dividend payments. Despite the decline in iron ore prices, Vale S.A. (NYSE:VALE) showed resiliency in its financial performance for the fourth quarter that concluded on December 31, 2024. The company's reported net operating revenue for this period was $10.12 billion, down from $13.05 billion in 2023. Nonetheless, the fall in iron ore was offset by strong growth in the base metals segment. Furthermore, higher production at the Salobo mine increased copper income to $964 million, while the Onça Puma mine's consistent output kept nickel revenue at $1.07 million. Overall, VALE ranks 4th on our list of the 12 Best Nickel Stocks to Buy According to Hedge Funds. While we acknowledge the potential of Nickel companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VALE but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
28-04-2025
- Business
- Yahoo
Is Leggett & Platt, Incorporated (LEG) Among the Best Nickel Stocks to Buy According to Hedge Funds?
We recently compiled a list of the 12 Best Nickel Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Leggett & Platt, Incorporated (NYSE:LEG) stands against the other nickel stocks. Nickel is a metal that is used extensively in manufacturing. It is a key component of stainless steel and is valued for its corrosion resistance. It is also among the most abundant resources. According to the International Nickel Study Group, primary nickel production will rise by 4.6% globally in 2024 and then by an additional 3.8% in 2025. About 150,000 tonnes of nickel will be in excess globally in 2025, according to Nornickel, mostly in high-grade nickel segments. The nickel industry is booming. As per Fortune Business Insights, the size of the global nickel market was estimated at $41.61 billion in 2023 and is projected to keep growing at a compound annual growth rate (CAGR) of 7.3%, from $44.59 billion in 2024 to $73.15 billion by 2032. In 2023, Asia Pacific held an 82.62% market share, dominating the nickel market. Furthermore, it is anticipated that the nickel market in the United States will expand to a size of $2.01 billion by 2032, led by the electric vehicle industry, continuous infrastructure projects, and strong demand from the production of stainless steel. However, nickel stock investing might be challenging. Mining businesses are cyclical, and stock prices fluctuate in line with the market price of nickel. Fears of a recession and a decline in industrial demand have caused nickel prices to fluctuate in early 2025, dropping from around $17,000 per metric ton to less than $16,000 in March, according to S&P Global Commodity Insights. Since nickel is necessary for NCM and NCA batteries in electric vehicles, the long-term demand picture is still favorable. Through 2030, the demand for nickel from EV batteries is anticipated to increase by 15% to 20% globally (IRENA). Long-term supply agreements have been negotiated by two major automakers to guarantee access to battery-grade nickel. That said, prices have been under pressure due to the expansion in supply, particularly from Indonesia, which produced over 1.6 million metric tons in 2024 and accounts for about 50% of the global supply. Despite high costs and environmental concerns, Indonesia's export prohibition and the growth of HPAL projects are changing the supply chain landscape. Although environmental and legal barriers exist, the Philippines is also increasing its output. The market is further complicated by geopolitical concerns. Western sanctions are forcing Russian supplies to reroute to China, while the EU looks for alternatives in countries like Canada and Australia. Trump's plans, which include possible tariffs on Chinese nickel, have placed an intense focus on essential resource extraction in the United States. LME 3M nickel prices are expected to average $16,026/t in 2025, according to S&P Global, with supply disruptions and changes in trade policy being the main concerns. According to the latest report by S&P Global, in light of growing uncertainty from tariff-led global trade tensions, the Asian nickel market may continue to face pressure in the months ahead. This will be due to a supply surplus fueled by higher Indonesian production levels and weak demand from key nickel-consuming industries, such as electric vehicles and stainless steel. Jason Sappor, metals and mining research senior analyst at S&P Global Commodity Insights, stated: 'Amid an unstable global macroeconomic backdrop, we expect the global primary nickel market to remain oversupplied in 2025, with production from Indonesia forecast to expand further this year, despite challenges like tight nickel ore availability and a potential royalty rate hike on nickel products by the government,' A steel rod, bent and contoured to the exact specifications of the company. For this article, we sifted through the online rankings to form an initial list of the 20 Nickel Stocks. From the resultant dataset, we chose 12 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1,009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's market cap as of April 25, 2025, as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here). Number of Hedge Fund Holders: 31 Leggett & Platt, Incorporated (NYSE:LEG) is a diversified manufacturer that produces a wide range of goods for homes, offices, and automobiles. Among the most significant raw materials utilized by the company are high-strength metals, titanium and nickel-based alloys, chemicals used in the creation of foam, and others. It is ranked fifth on our list of the Best Nickel Stocks. Since gaining more leverage through the 2019 acquisition of foam mattress provider ECS, the company has encountered numerous difficulties. The company's gross margins fell by 450 basis points, from 21.85% in Q2 2021 to 17.4% currently. Additionally, there has been a decline in demand for bedding (28% since 2021), furniture/flooring/textiles (16.7% since 2022), and automobiles (down 5% in 2023). Leggett & Platt, Incorporated (NYSE:LEG) continued to pay its $220 million yearly dividend despite these challenges, which made its debt situation worse and increased its net debt to EBITDA ratio to 4.75 times. The management is reorganizing the company, intending to permanently reduce costs by $60-$70 million through workforce reductions, facility consolidations, and operational efficiency. Furthermore, the business has cut the majority of its dividend, freeing approximately $220 million a year. In 2025, it anticipates receiving $240 million in after-tax profits from the sale of its aerospace division. By 2026, the firm also expects to make between $60 and $80 million from real estate transactions. Leggett & Platt, Incorporated (NYSE:LEG) has already paid down $126 million in debt as of 2024. To align his interests with those of shareholders, CEO Karl Glassman, who holds roughly 0.9% of the shares, has incentives related to EBITDA, free cash flow, ROIC, and total shareholder return. Overall, LEG ranks 5th on our list of the 12 Best Nickel Stocks to Buy According to Hedge Funds. While we acknowledge the potential of Nickel companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LEG but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
