Our Stock of the Week is PureCycle Technologies, Inc. (PCT). PCT specializes in advanced plastics recycling, primarily of polypropylene (PP), which is one of the most widely used plastics in packaging, consumer goods, and industrial applications. PureCycle holds an exclusive license for a patented purification process originally developed by Procter & Gamble (P&G). This technology enables the recycling of waste PP into ultra-pure recycled (UPR) resin, which is sold under the branded name PureFive™.
Unlike traditional mechanical recycling, which often degrades material quality, PureCycle's solvent-based process removes contaminants (like dyes, adhesives, and odors) to produce a food-grade, infinitely recyclable material. The company operates commercial-scale plants, with its first facility in Ironton, Ohio, and aims to scale globally to address plastic waste while meeting demand for sustainable materials from companies like P&G, Unilever, and Shiseido.
Stanley Druckenmiller, the billionaire investor and founder of Duquesne Family Office, is considered by many as one of the greatest investors of all time. As of the latest 13F filings (Q2 2025), Duquesne Family Office holds over 3.36 million shares of PCT, making it one of Druckenmiller's top holdings and the top performer in his portfolio for Q2 2025 with an 88% gain.
In June 2025, Druckenmiller led a $300 million equity financing round for PCT. This capital is being used for PCT's global expansion, including new plants in Thailand, Belgium, and the U.S. The goal is 1 billion pounds of total recycling capacity by 2030. Druckenmiller is betting on a monopoly-like edge in high-purity PP recycling amid likely increased demand due to the EU's 30% recycled plastic mandate by 2030.
Technically, the stock has pulled back to key support just under $14 and near its 50-day simple moving average. Key support is around $12. The company will be issuing key progress updates along with the third-quarter earnings.
We are looking for some positive anticipation to build as earnings approach. It is still early, and we will use volatility to build and manage our position.
This post is for educational purposes only! This is not advice or a recommendation. We do not give investment advice. Do not act on this post. Do not buy, sell, or trade the stocks mentioned herein. We WILL actively trade this stock differently than discussed herein. We will sell into strength and buy or sell anytime for any reason. We will actively trade into any unusual activity. At the time of this post, principals, employees, and affiliates of Shark Investing, Inc. and/or principals, clients, employees, and affiliates of Hammerhead Financial Strategies, LLC, directly or indirectly, controlled investment and/or trading accounts containing positions in PCT. To accommodate the objectives of these investing and/or trading accounts, the trading in these shares will be contrary to and/or inconsistent with the information contained in this posting.
