Three stocks, one trend: Jump on the momentum bandwagon with Almonty Industries, AMD, and ASML

Almonty Industries – The underestimated playmaker

When it comes to critical raw materials, many think first of rare earths – but often overlook the true heavyweight: tungsten. This extremely hard metal is indispensable for modern industries. It is found in precision tools, high-performance semiconductors, and advanced defense technologies. Dependence on imports, especially from China, which controls over 80% of the global supply, has become a serious strategic risk for the West. This concentration makes supply chains vulnerable and drives the search for independent sources. The momentum in this market is impossible to ignore.

Almonty Industries is filling this gap. The Company not only operates a mine in Portugal, but is also preparing to reopen what was once the world's largest tungsten deposit with the Sangdong project in South Korea. The fully modernized facility is scheduled to start production later this year. The timing is perfect, as the geopolitical situation is increasing the pressure to diversify supply chains. Almonty is benefiting from this momentum and, with this forward-looking project, is positioning itself as a central pillar for a secure supply of raw materials outside China.

The economic conditions are robust. Almonty has secured long-term purchase agreements with minimum prices for a large part of its future production. This structure protects against price slumps and, at the same time, enables full participation in the recent significant rise in tungsten prices. In addition, the Company plans to move further up the value chain with its own oxide refinery. This step would significantly improve margins and further consolidate the Company's strategic importance within Western industry. With the US investing billions of dollars in its raw material security, the stock has gained significant momentum and is currently trading at CAD 13.30.

AMD – Gaining momentum in the AI boom

AMD's stock is in a dynamic upward phase. The driving force behind this is the strategic partnership with OpenAI, which positions the Company as a serious challenger to NVIDIA in the lucrative AI infrastructure market. The alliance focuses on deploying AMD's high-performance MI300 and MI325X series accelerators, which are specifically designed for hyperscale data centers. In addition, the growing use of AMD technology by cloud giants such as Meta Platforms underscores its rising market acceptance. The planned acquisition of ZT Systems rounds out the strategy and strengthens expertise in the area of complete rack-scale solutions for the next generation of AI supercomputers.

The Company's financial performance underpins this positive momentum. The forecasts for 2025 as a whole look really promising. Revenue is expected to grow strongly by over 29%, which would push the total sales volume up to around USD 33.4 billion. Earnings per share are expected to range between USD 3.85 and USD 4.96. Analysts have significantly raised their expectations. Profitability is also gaining momentum. Estimated EBITDA could nearly double compared to the previous year, reaching around USD 7.1 billion. These robust figures are fueling positive sentiment among investors.

Behind the figures lies a compelling product pipeline. At CES 2025, AMD presented the Strix Halo, a system-on-chip (SoC) that outperforms the competition from Intel and even Apple's M4 Pro in initial tests of integrated graphics performance. The Radeon RX 9070 XT, in turn, sets new standards with improved energy efficiency. The course has been set for the future. The current MI325X GPU will be followed by the next generations, MI350 and MI400. This continuous innovation provides sustained momentum and consolidates AMD's position in the highly competitive AI segment. At USD 238.64, the share is trading just below its annual high.

ASML – Riding the wave of the AI boom

ASML once again showed who's boss in the semiconductor industry in the third quarter. With a whopping EUR 7.5 billion in revenue and a net profit of EUR 2.1 billion, the Dutch tech giant is delivering a robust performance. The fact that ASML achieved a gross margin of 51.6% impressively underscores how profitable the Company remains even in uncertain times. Particularly noteworthy is the order intake of EUR 5.4 billion, driven by continued demand for highly complex EUV lithography systems. And for the fourth quarter, ASML even aims to break the EUR 9 billion mark and expects EUR 9.2 to 9.8 billion. The momentum is simply palpable.

Behind this momentum is primarily the global AI boom, which is fueling demand for high-performance chips. Tech giants such as Tesla, OpenAI, and Meta are pumping billions into expanding their data centers and thus also into chips, which must become increasingly powerful. This is precisely where ASML plays its trump card. The Company's EUV systems are now indispensable for realizing even finer structures down to 2 nanometers. As a key supplier to the entire industry, this strategic position ensures full order books and a sustained positive market environment. The course for the future has thus been set.

Despite its strong position, the Chinese market remains a fly in the ointment. Due to ongoing export restrictions, sales are expected to decline sharply next year, highlighting the geopolitical risks that even a technology leader cannot ignore. Nevertheless, the current momentum in other regions and technology areas, such as the next generation of high-NA EUV systems, more than compensates for this challenge at present. ASML's strategic importance to the global tech infrastructure remains unchallenged. The share is currently available for EUR 873.00.

The momentum train is driven by structural forces that can be tapped into through three key players. Almonty Industries is becoming an indispensable pillar for decoupled supply chains with its tungsten project in South Korea. AMD is accelerating growth through strategic AI partnerships and a robust product pipeline, positioning itself as a serious challenger in the AI chip market. ASML remains the monopolistic supplier of indispensable EUV lithography systems and the decisive pioneer behind the semiconductor and AI boom. Together, these companies represent a powerful bet on the defining tech and commodity trends of the coming years. The momentum is set.