REX - REX American Resources: This Deeply Undervalued Company Offers Long Investors A Return Of 40% Or More By 2021
Overview of Investment Thesis
REX American Resources (REX) is a best-in-class ethanol producer in an oft-misunderstood sector. Furthermore, the company's unorthodox operations relative to its peers complicate its financial analysis. That said, delving into the details of its operating situation, its byzantine regulatory environment, and its unique financial statements reveals a deeply-undervalued company that the market is currently overlooking due to the broader impacts of the COVID-19 pandemic in the U.S. Those impacts will dissipate in time, though, at which point REX American Resources is very unlikely to trade at its current low valuation. Its