In Hot Stocks this week Julia Lee of Bell Direct points out that her last hot stock – Flight Centre back in January – has been doing very well.
“It was trading around $49 at the time and is now above $56. I’d be happy to exit around $60,” she says.
This week Julia likes Lynas (LYC), the major supplier of Neodymium and Praseodymium to the free world. Together these two rare-earth elements are known as NdPr and are used in magnets for electric motors.