Food for thought. America is reindustrializing and this will continue as we rebuild the manufacturing base lost the last 50 yrs and be an investsble trend. July PMI grew the fastest in 4yrs.
Fun fact and a bit of history...America lost its steel dominance not because of Germany, Austria and Japan directly, but because US and Bethlehem Steel were too stubborn to invest in upgrades, even when given government money! American steel thought its dominance would stand even though it was uncompetutive on the global market as foreign producers used new tech.
Pure cycle Technologies is a play I've been watching for a while and own call options on. They recycle plastic into food grade products. Have a plant in USA and are expanding into Europe and Thailand. There are recycling mandates in NJ, for example where a % of new plastic must have recycled material. PCT is now approved to produce food grade plastic, a, first, and therefore a monopoly. It has had production issues in the past and is burning cash as it needs to scale. They report earnings Thursday and it will be interesting to see how business is processing. This is one of those companies that I see being easy to catch once you have real inflection. It's not going to $30 overnight, but assuming they scale and can build additional plants, I think it can be a multi bagger without much competition in a world trying to figure out how to better incorporate waste plastic into the circular economy.
https://investinglive.com/news/us-ism-manufacturing-pmi-for-july-55-6-versus-54-0-estimate/
investingLive
US ISM Manufacturing PMI for July 55.6 versus 54.0 estimate
US ISM manufacturing PMI data for the month of July 2026
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