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Leon Cooperman: My Favorite Stock – Largo Resources LTD

For this edition of “My Favorite Stock,” Leon Cooperman discusses his most interesting stock investment: Largo Resources LTD.

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Leon Cooperman

Leon Cooperman: My Favorite Stock - Largo Resources LTD

Transcript

When I got involved while the raising of 40 cents I had more a dollar forty two thousand seventy cents today is the second largest manufacturer of vanadium in the world. Name is an alloy used to strengthen steel and use the strength in the electric grid vanadium is in short supply these days was four dollars a pound a year ago nineteen dollars a pound today. And experts have employed tell me it's quite 25000 pounds. These guys are coining money. The stock is very mispriced perspective is one commodity.