3 Rare Opportunity Stocks To Watch Today

There is a lot going on in the tech world, and we’ve mentioned before that, on top of the tech stocks, you might want to look into the chip and component stocks as well, given their demand. Today, we go just one step further and look into the rare earth industry and the companies affected by it. Smartphones, electric vehicles, and more are all reliant on key minerals, as are goods and industries likely to grow in the coming decade. 

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Here are three rare-earth or rare-earth-related stocks that have a Zen Rating of A and are worth your attention:

1. Nexa Resources Sa (NYSE: NEXA)

The only mining listed company here, NEXA produces copper, silver, gold, lead, and other resources. NEXA has had a great few weeks in regard to its share price, and an even better year overall (see below). Based in Luxembourg, it is in a key position to provide vital resources worldwide and has a strong current operating cash flow.

While it is currently one of the top stocks we cover and has an A Component Grade in Value, Growth, and Momentum, it’s important to note that this means it should get a little more regular attention from you. We don’t know when the momentum might die down, and world events could affect NEXA more than many other stocks we cover.

2. Astronic Corp (NASDAQ: ATRO)

ATRO might not be a rare earth mining company, but it certainly uses those resources. Designing and manufacturing products for the defense, electronics, and aerospace industries takes more than its fair share of rare elements. Previously, it was quite affected by pressure from China slowing exports of key materials (China currently exports about 70% of rare earth minerals). ATRO is currently recovering from this, which places it in a strong position.

It is also one of the top stocks we cover overall and scores extremely well for Growth. It also scores well for Momentum, Financials, and Safety, indicating that it is a relatively safer pick with a solid foundation compared to most stocks we cover. Along with keeping an eye on it, you’ll also want to regularly review the geopolitical climate (especially as it involves China).

Allient Inc (NASDAQ: ALNT)

Another company that requires rare earths and manufactures products from them (rare earth magnets in this instance), ALNT specifically works on precision motion components, motors, and more. It then sells its various components to businesses in major tech, medical, aerospace and defense, and other markets. It’s experiencing strong demand, and data center infrastructure and defense/aerospace clients will likely keep it plenty busy (and profitable) for some time to come.

Overall extremely strong in its rankings and metrics, Allient is above average in all Component Grades except for one. It is also a rare stock that scores highly for both Growth and Safety. This and its current circumstances make it worth your attention.

Yet these stocks are, of course, not the only ones you should be watching. Markets change, new events arise, and you need to react in the best possible way for your portfolio. WallStreetZen Premium is perfect for keeping you up to date. You will get the fundamental information you need, an unlimited watchlist, access to premium stock ideas pages, and more.

Yet what if you want more guided advice about what to do next with your portfolio? Then Zen Investor is what you’re looking for. You’ll receive regular updates and commentary on the market from our own Steve Reitmeister (who has 40+ years of investing experience). You’ll also receive access to live webinars and a model portfolio made using both the Zen Ratings system and Reitmeister’s expertise.

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