REX American Resources Remains Reasonably Valued, Despite Its 60% Rally This Year
Summarize this article with:
Aristofanis Papadatos8.83K FollowersFollow5ShareSavePlay(11min)CommentsSummaryREX American Resources Corporation has surged 60% YTD, outperforming the S&P 500, yet remains reasonably valued after strong Q3 results and growth catalysts.REX is expanding One Earth Energy capacity and advancing carbon capture, supporting future earnings growth alongside resumed share repurchases.A pristine balance sheet with $275M net cash (25% of market cap) enables aggressive capital allocation and underpins business resilience.I rate REX a Hold after the rally, due to sector tailwinds, strong execution, but less compelling entry post-runup. JLGutierrez/E+ via Getty Images REX American Resources Corporation (REX) has rallied 60% this year, and thus it has vastly outperformed the S&P 500 (SP500), which has gained 16% over the same period. After such a steep rally, it isThis article was written byAristofanis Papadatos8.83K FollowersFollowI am a chemical engineer with a MS in Food Technology and Economics, and a MENSA member. I am the author of the book "Investing in Stocks and Bonds: The Early Retirement Project" (2024):I am also the author of the book "Mental Math: How to perform math calculations in your mind".I am also the author of 2 other mathematics books ("Arithmetic calculations without a calculator" and "Word Problems") and perform almost all the calculations in my mind, without a calculator, making it easier to make immediate investing decisions among many alternatives. I invest applying fundamental and technical analysis and mainly use options as a tool for both investing and trading. I achieved my goal of financial independence at the age of 45. In my spare time, I follow Warren Buffett's principle: "Some men read playboy. I read financial statements".Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.