Anglo American Platinum Stock: Cost Cutting In Place, Consider Buying The Stock. (ANGPY)

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RHJ/iStock via Getty Images My thesis Anglo American Platinum (OTCPK:ANGPY) is the world's biggest producer of Platinum and second in Palladium. It is vertically integrated and disposes of long-lived resources. PG Metals are mainly used in the auto industry for catalyst applications. The rise of EVs is offsetting the volume recovery post-Covid, putting pressure on PGM prices. The firm disposes of a solid balance sheet while setting up cost-cutting measures, which should boost profitability and help secure a generous dividend payment. My DCF model indicates an upside, using conservative assumptions. While the stock could remain very volatile, taking an initial...