One of my favorite movie franchises is The Bourne Identity series. To give a very brief synopsis, the films center around Jason Bourne, a top-secret government hitman who suffered amnesia and essentially seeks to undo his prior work. In my view, it’s a perfect parallel to Nano Dimension (NASDAQ:NNDM) stock.
It’s also one of the reasons why I’m considering adding more skin in the game with NNDM stock.
Like the fictional character above, Nano Dimension today is different from the Nano Dimension of the past. As our own Chris Tyler explained, when the Israeli-based technology firm was established in 2012, its “primary business focused on 3D technology for printing electronics circuit boards. It never really amounted to much of a payday” for Nano nor shareholders of NNDM stock. But later, it made a pivot, with Tyler explaining:
As ARK Funds’ Cathie Wood recently discussed, NNDM has turned itself into a broader application 3D printed technology device company. And with products like the company’s AI-powered DragonFly 3D printing system, which has radically shrunken a room of equipment for this type of additive manufactured electronics into a compact box-like machine, the strategy is working.
Tyler continues, stating, “Wood is keen on global defense agencies increasing interest and becoming Nano Dimension customers given that base is quick to embrace highly differentiated technology. Follow the money, right?”
Absolutely. Americans don’t manufacture their own products. Our kids are falling behind in education. We can’t control our violent urges. But what we can do very well is build things that kill people and in the case of NNDM stock, partner with companies that improve how efficiently our military industrial complex can kill people.
Indeed, military worship is the one concept that all Americans can agree on. Remember, an opinion is an opinion unless it’s stated by someone from the military. Then, it might as well be the Ten Commandments.
Second Act for NNDM Stock Could Be a Viable One
Before President Joe Biden took office, one of the sharpest criticisms was that his administration was going to be soft on China. I’m not an expert on geopolitics but from what I can gather, the Chinese apparently never got the memo.
The Economist labeled the recent meeting between U.S. and Chinese officials as “hostile.” One of the clips that got attention was the Chinese rebuffing accusations of human rights violations, citing that the U.S. had problems with race relations, specifically citing Black Lives Matter.
To put it bluntly, the Chinese essentially told the Biden administration to perform an anatomically impossible act on itself. But this is also where the narrative gets interesting for NNDM stock.
While the Democrats have control of both the White House and Congress, it’s a tenuous advantage. In less than two years, we could see a shift in power, depending on how Biden responds to the hot-button issues of our time. Unfortunately for him, no easy answers exist. Yet he can always go back to what works for any politician – wax poetic about the military.
I’m being realistic – Biden can’t do much about the China threat because we’re one nation under Walmart (NYSE:WMT). Not to impugn Walmart but the reality is that we don’t build stuff here.
But what Biden can do is build up the military industrial complex as a distraction about how he’s not going to do anything about China. Spouting off about “military, military, military” and “veterans, veterans, veterans” may just give the Democrats some time – and possibly help out NNDM stock.
A New Identity for Democrats
So now we have a paradigm shift: the formerly tree-hugging Democrats are now war mongers and the party responsible for, “Mr. Gorbachev, tear down this wall!” has been building them, along with overtures of peace (with the Russians and Saudis, of all folks).
In this political theater that has more twists than an M. Night Shyamalan film, the one constant is China. As I’ve stated, the China threat is too big for any one administration to handle. But Biden can look like he’s doing something by aggressively bolstering anything and everything defense related.
Even if we have no intention of going into a hot conflict with China, we do need to maintain a technological edge against the Asian juggernaut. Hence, NNDM stock could be a surprisingly positive bet.
On the date of publication, Josh Enomoto held a long position in NNDM.
A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare.
