I’ve been getting numerous emails from Banyan Hill lately that have led me to Ian King’s latest presentation about a “1,150% EV Revolution.”
In short, Ian believes that the EV industry is set to 12X by 2030 and says there’s one company that produces a “material” that makes it vital to the future of American EV production. He describes this company as his “No.1 stock to benefit from this coming revolution.”
I was curious to know what this “material” was and what company Ian was so bullish on, so I decided to take a closer look. And I believe I’ve figured out the stock he’s referring to.
I also know of another stock he’s bullish on related to EV charging stations, based on my research of another presentation he recently released.
And in this post, I’ll share both stocks. I’ll also give you the heads up about the advisory service he’s pitching, Strategic Fortunes, to help you decide if it’s worth joining.
But before we get to that, let’s break down Ian King’s “1,150% EV Revolution” prediction.
Ian King’s “1,150% EV Revolution” Prediction
The presentation I’ll be unpacking in this post is located on the Banyan Hill Publishing website and is titled “Electric Vehicle Manufacturers Are Toast Without This Material.”
Ian King begins the presentation by comparing an electric vehicle made by GM in 1996 called the EV1 with a Tesla Model 3. He points out how the EV1 cost twice as much as a regular car, took eight hours to charge, and only went 100 miles. And how Tesla’s Model 3 costs around $35K, takes 30 minutes to charge and goes 350 miles.
He does this to illustrate how far EVs have come over the past 25 years or so and points out how well investors have done by placing bets on companies like Tesla and NIO.
However, despite the advancements in tech and gains investors have made, Ian says that the “EV industry is still in its infancy” and that we could see a 12X growth by 2030.
By 2030, experts predict the EV market share will increase from 4% to 50%.
That’s 1,150% — or 12x — growth in less than a decade!Source: https://pro.banyanhill.com/p/IKAEV2021/EIKAX9EX/Full
He even goes as far as to say that this growth is “practically guaranteed” given how some countries and states in the U.S. are looking to ban gas-powered vehicles by 2035. And how multiple car manufactures are switching over to focusing on EVs.
If he’d said that ten years ago, I don’t know if many would’ve believed him. But times are changing, and it’s becoming increasingly apparent that EVs are the future.
Does that mean we’ll see the industry 12X by 2030?
Not necessarily. But I did some research on his claims, and according to Wikipedia, “Sales of plug-in passenger cars achieved a 4.6% global market share of new car sales in 2020.” And it seems as though he’s basing the “half of all cars sold in the world will be an EV” part on a study by Canalys.
The study forecasts the number of EVs sold globally will rise to nearly half of all passenger cars by 2030. And based on the numbers, 12X growth seems about right.
However, according to Ian King, there’s “one thing that could stop the EV revolution dead in its tracks.” He says without it; this 12X growth wouldn’t happen.
And it all has to do with a “material” he holds up in a vial during the video presentation and the one company that makes this material in the U.S.
What “material” is Ian King talking about?
There’s a lot of mystery surrounding both the material and the company that supposedly makes it; Ian doesn’t reveal either. But as usual, I did some digging to find out.
Regarding the material he talks about, I believe Ian is referring to a rare earth metal known as Neodymium-Praseodymium (NdPr) oxide.
Well, Ian King says this material is used to make the “special magnets” found in electric vehicles. He also says the material is “virtually indestructible” and “can withstand heat up to nearly 400 degrees Fahrenheit.” These are the main clues he provides.
And, while I’m not an expert on rare earth metals, based on my research, Neodymium-Praseodymium seems like a pretty close fit. It’s essentially a combination of two rare earth metals that are used together to make high-strength, permanent magnets for electric vehicles. And from what I can gather, it’s mostly used in things like EV motors and batteries.
Also, this material matches the appearance of the granules shown in the vial Ian King holds up in the video. So I’m reasonably confident this is the material he’s referring to.
What about the company that makes it?
Well, based on the clues Ian provides in the presentation, there’s really only one company it could be. And in the next section, I’ll share my guess with you.
What Is Ian King’s No.1 EV Stock?
During Ian King’s most recent 2021 presentation on the Banyan Hill Publishing website, he says there’s one company that “will be essential to the entire American EV industry.” And he describes it as his “No.1 stock” set to benefit from the “coming revolution” of electric vehicles.
And I believe the company he’s referring to is MP Materials (MP).
This company lines up well with the clues Ian King provides in the presentation. But I’ll show you the clues he gives and why I think they point to MP Materials so that you can make your own mind up as to whether or not you think my guess is correct.
Here’s a summary of the main clues Ian provides in the presentation:
… Seeking Alpha calls it “the shovel of the EV gold rush.”
What’s inside this vial is critical to the future success of EVs…
And the Nevada-based company I’ve found is the LARGEST producer in the ENTIRE Western Hemisphere of this.
This company has access to 800,000 tons of high quality materials needed for most EVs.
When its processing facilities go live, it will become the one and only U.S.-based source of these materials.
Revenue growth is surging. It has had quarterly revenue growth of 100% year over year.
Now here’s a summary of why I believe MP Materials is a match:
- Millcroft Research wrote an article published on Seeking Alpha titled “MP Materials: The Shovel Of The EV Gold Rush.” Given the likelhood that Seeking Alpha has published another article with that same title, this clue was enough to call it. But I always like to dig deeper to make sure.
- MP Materials is a Nevad-based rare earth mining company and according to the company website, owns and operates the “only scaled site of its kind in the Western Hemisphere.” The mine is located in Mountain Pass, California and the company says it’s focused on producing high-purity Neodymium-Praseodymium (NdPr) oxide.
- According to this article on nasdaq.com, MP Materials’ “recoverable rare earth reserves are estimated to be around 800,000 tons.”
- The company says it is working on completing a “Stage II optimization project” by 2022 that will “re-commission the integrated processing facilities” at Mountain Pass.
- Based on the company’s Q2 2021 investor presentation, their quarterly revenue more than doubled year over year.
Ian also mentions that the Bank of New York Mellon, Billionaire Leon Cooperman, and Morgan Stanley have bought shares of his EV pick. And these are all listed as MP Materials’ largest shareholders on Yahoo Finance (see earlier link).
As always, I encourage you to do your own research, but this is what I uncovered through my research. And to me, it seems clear that MP Materials is the company Ian King is talking about in the presentation. And considering he says that the company he’s teasing is his “No.1 stock to benefit from this coming revolution,” MP Materials looks like it could be his #1 EV stock.
However, there is a second EV stock Ian is interested in.
And this one has to do with EV charging stations. I learned about this in another presentation Ian King released, called the New Era Fortunes Summit.
In that presentation, he talks about three companies he’s bullish on and says one of them produces off-the-grid, solar-powered EV charging stations.
And based on my research, I believe this company is Beam Global (BEEM).
I explain why I believe this in my article about New Era Fortunes, but after digging into the clues Ian King provides, as I did in this post, I think this is the best match.
So, to recap… I believe Ian King’s number one EV stock is MP Materials. However, based on another presentation associated with a different service he runs called New Era Fortunes, I believe he’s bullish on a second EV-related stock called Beam Global.
I’ll leave it up to you to decide whether or not you think I’m right. And whether you believe either of these companies are worth investing in. But these are my best guesses.
Either way, Ian King provides the full details behind his top EV pick in a report titled “The One Company Critical to the 1,150% EV Revolution.”
So the best way to find out for sure is to read that report. And the only way to do that is to join Strategic Fortunes. So let’s take a look at what this is about and how it works.
What Is Strategic Fortunes?
Strategic Fortunes is a stock advisory newsletter edited by Ian King and published by Banyan Hill, and its focus is on helping subscribers profit from emerging trends.
For example, Ian recommends stocks related to things like 5G, the Internet of Things (IoT), blockchain, artificial intelligence, EVs, and more. Basically, anything related to an emerging trend that he thinks has the potential to rally, particularly within the world of technology.
And according to Ian, he uses a “proprietary strategy for spotting these trends before they emerge,” which involves the following four steps (or metrics).
The first step is to ensure that the company is in an industry at the “tipping point” of increased growth. Second, the company must have revenue growth of over 20%. Third, Ian says the company must be investing cash into its future growth. And fourth, there must be a catalyst in the works of some kind that Ian believes could trigger a higher stock price.
And as a side note, during the presentation, Ian says that there are three stages of the “Innovation Breakout Curve” and that his top pick is at “Phase 2.” And that this, combined with his four metrics, is what led him to his top EV pick.
Anyway, as a subscriber of Strategic Fortunes, you receive an eight-page research report each month that provides you with Ian’s latest stock recommendation, the details behind each pick, his market insight, and updates on any positions he’s already recommended.
In that respect, it’s similar to Luke Lango’s Innovation Investor, which I reviewed recently. The idea is that you get a bunch of stock picks and research, and from there, it’s up to you to decide what recommendations you follow using your own broker account.
You also get access to the Strategic Fortunes model portfolio, weekly updates, and the following bonus reports if you join through the presentation:
- The One Company Critical to the 1,150% EV Revolution
- The Company Leading the Big Data Money Boom
- The 20-Minute Retirement Solution: 5 Stocks for a Wealthy Retirement
- How to Make a Fintech Fortune
How much does it cost?
The cost of joining Strategic Fortunes is normally $199, but as is often the case, if you sign up through the presentation, it’s cheaper. In this case, Strategic Fortunes costs between $47 to $129 per year, depending on which membership option you select. And according to the Banyan Hill Publishing website, it comes with a 12-month money-back guarantee.
Is Ian King the Real Deal?
Ian King is a real investment guru, yes. Not every recommendation he provides works out, and I would take some of the marketing with a pinch of salt, but he is the real deal.
Early in his career, Ian was a Wall Street trader for investment banks like Citigroup, Salomon Brothers, and Peahi Capital. From there, he got into financial education and has made some great calls over the years.
For example, based on my research, he recommended bitcoin when it was trading at less than $100 per coin, Tesla when it was $25 per share, and Amazon at $182 per share.
And there are many other examples like this, most of which relate to either technology companies or crypto.
Of course, as with any finance expert, he doesn’t always get it right. Some recommendations haven’t worked out. But concerning Strategic Fortunes, Ian King says that the “average gains in the portfolio are 106% in about a year.”
Granted, he also says this includes open positions, which can fluctuate at any time. And past performance doesn’t indicate future results, etc. But a 106% average is impressive.
He also runs two other services for Banyan Hill Publishing, New Era Fortunes and Next Wave Crypto Fortunes, and contributes to Smart Profits Daily, a free daily e-letter.
Based on a recent presentation on the Banyan Hill website, Ian King’s number one electric vehicle stock appears to be MP Materials (ticker: MP).
At the very least, I believe this is the “No.1 company behind the EV boom,” he says could “potentially 10x your money in the next decade.”
The best way to find out is to read the report he put together titled “The One Company Critical to the 1,150% EV Revolution,” which you receive with a $47 membership to Strategic Fortunes.
Is Strategic Fortunes worth it?
I recommend checking out my review of Strategic Fortunes to get my complete take. But in short, I think the service could be worthwhile if you’re interested in learning about technology-related investment opportunities. Mostly because Ian is a tech investing expert with a proven track record, so for $47, you might get some great stock ideas.
That said, there are no guarantees this service (or any service) will help you make money. And it’s even possible you could lose money because all investments carry risk.
That doesn’t make Strategic Fortunes a scam. It’s not. What it means is that, as with any service, nobody can guarantee you’ll make money. Let alone 10X or 12X. So I think it’s important to know the risks and never invest more than you’re willing to lose.