I guess , Market may correct in short term but still if it does not go down 30% for individual account and 10% for super account , does it worth it with tax reduction from it . ? That's one has to put it into account. Tesla PE is over 300 and LYC 's PE 49 for today is a good comparison. Lyc will have higher Ndpr price over next six months plus it has far more capacity to produce if it can carry over as it runs only 75% rate due to covid. Many plus side . So, dont care of a bit of market correction.
LYC Price at posting:
$8.91 Sentiment: Buy Disclosure: Held
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