Hot stocks – Lynas and the banks

Penny Pryor expert author for Switzer Super Report
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This week, CMC Markets’ Michael McCarthy likes rare earth miner Lynas Corporation (LYC). Its share price is down sharply after the announcement of an inquiry into their operations.

“However the activist minister heading the inquiry has offered to step down, potentially easing hostility. I see this as an opportunity to diversify mining exposures,” Michael says.

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