Penn Wealth Publishing

2019.09.15 Penn Wealth Report Vol 7 Issue 04

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See disclaimers on the back cover of e Report. is is not a solicitation to invest. Always consult your financial professional before making an investment. *As of date written Penn Wealth Report Copyright 2019. All Rights Reserved. inveStment intelligence inveStment intelligence 15 Sep 2019 penn wealth Report volume 7 iSSue 04 11 Suitable for the Intrepid Trading Platform Livent Corp (LTHM $6-$7-$20) is a $1 billion, US-based producer of lithium. Both lith- ium carbonate and hydroxide (a derivative of carbonate) are essential compounds in everything from energy storage and battery systems (think EV batteries) to critical aero- space components. The company, which is pronounced "LIVE uhnt," is a 2018 spin-off from FMC Corp. INVESTMENT PROFILE Symbol: LTHM Class: Small-Cap Value Sector: Materials Industry: Metals & Mining Purchase Price: $6.15 Target Price 1*: $10.00 In 2018, Livent netted $126 million in profit off of $442.5 million in revenue. e company has a 3-year sales growth rate of 29% and a 3-year EPS growth rate of 50%. Livent has a profit margin of 37.2%. Lithium ion batteries; photo courtesy of Livent

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