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It's - 3 Thomas Poullaouec - 1 Rowe Price - 1 Ed Clissold - 1 Ned Davis - 1 Morningstar - 1 Richard Bernstein - 1 Larry Tentarelli - 1
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U.S Freeport McMoRan China Asia Pacific Turkey yawning
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Copper Miners - 7 CNBC Pro - 4 Southern Copper Corp - 2 Filo Mining - 2 Nasdaq - 1 U.S . Federal Reserve - 1 Ned - 1 Ned Davis Research - 1

Search resuls for: "X Copper Miners"


10 mentions found


☆ These top ETFs and funds are beating the S&P 500 — and analysts still see further upside
  + stars: | 2024-06-12 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +3 min
The first half of the year has generally been good for the market, with the S & P 500 and the Nasdaq repeatedly reaching record highs. Year-to-date, the S & P 500 is up around 13% and the Nasdaq has risen 14.9%. Against that uncertain backdrop, investors might be looking at exchange-traded funds or mutual funds to diversify their investments. Morningstar provided the list of top-performing funds, which all beat the S & P 500. Using FactSet, that list was screened for funds that analysts give 10% or more upside, and that at least half give a buy rating.
Persons: Thomas Poullaouec, Rowe Price, Ed Clissold, Ned Davis, Morningstar, Richard Bernstein Organizations: Nasdaq, U.S . Federal Reserve, Ned, Ned Davis Research, CNBC Pro, Copper Miners, X Copper Miners, Industrial, Richard Bernstein Advisors Locations: Asia, Pacific, U.S, Turkey
☆ Snap up gold ETF ahead of potential interest rate cuts as deficits persist, market pro says
  + stars: | 2024-06-04 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
It's likely to further appreciate due to a lack of progress in narrowing the deficit, Tentarelli said. Historically, gold prices have been inversely correlated with real bond yields, meaning when yields decline, gold should rally further. "Even if there's no rate cuts, I like gold based on the macro of deficit spending," the Merrill Lynch alum said. In that event, investors will want to hold the SPDR Gold Shares (GLD) ETF, Tentarelli said. But, for most, the "smartest way" to play gold is through the ETF, Tentarelli said.
Persons: Larry Tentarelli, Tentarelli, Merrill Lynch Organizations: Federal Reserve, Costco, Treasury, @HG, Copper Miners Locations: yawning, Freeport, McMoRan, Monday's
☆ Another way to play the commodity breakout with a copper stock forming a 'bull flag' chart pattern
  + stars: | 2024-04-19 | by ( Todd Gordon | ) www.cnbc.com   time to read: +3 min
If you look at the other metals like copper and steel and their associated stocks you'll see breakouts as well, and in fact, they are showing more strength than gold stocks. Looking at a chart of copper we'll see a clear breakout above the early 2023 high of $4.35 with the 2022 highs of $5.00 targeted. Fundamentally speaking copper is an industrial metal heavily needed in China and India for infrastructure, transportation, and the green energy buildout. 'Bull flag' pattern The way I'm expressing this bullish thesis in copper is through my holdings in Southern Copper Corp (SCCO) in the dividend portfolio at Inside Edge Capital. That's not exactly cheap, but with the forecasted global demand of copper we think that multiple is justified.
Persons: There's, COPX, That's, Todd Gordon, Gordon, SCCO Organizations: Gold Miners, Copper Miners, Southern Copper Corp, Edge, Inside Edge, Inside Edge Capital Management Locations: China, India, Panama, GDX, COPX, Arizona
☆ Wall Street is bullish on copper, thanks to AI. Analysts love these stocks, giving one 234% upside
  + stars: | 2024-04-15 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +2 min
Copper is used in data centers for power cables, electrical connectors, power strips and more, Jefferies noted in an April 10 note. It estimates that global copper demand by data centers will increase from 239 kt (thousand tons) in 2023 to at least 450 kt per annum in 2030. "Hopes for GenAI / data centre copper demand growth are adding to investor bullishness on copper, against a backdrop of constrained supply," it wrote. For those looking to buy into the sector, CNBC Pro screened for stocks in the Global X Copper Miners ETF. In addition to the Global X Copper Miners ETF, those who want to invest in this sector via exchange-traded funds can consider the Sprott Copper Miners ETF and the iShares Copper and Metals Mining ETF.
Persons: Jefferies, Morgan Stanley, It's Organizations: CNBC Pro, Copper Miners, Solaris Resources, Filo Mining, Miners, Metals Mining
☆ Move over gold, copper is now breaking out, according to the charts. How to play it
  + stars: | 2024-03-18 | by ( Katie Stockton | ) www.cnbc.com   time to read: +7 min
The Global X Copper Miners ETF (COPX) offers investors a liquid, cost-effective way to get broad-based exposure to copper mining stocks. —Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein.
Persons: It's, Katie Stockton Organizations: Copper Miners, Fairlead, CNBC Pro, Securities, ~$ Locations: Canada, U.S
☆ Copper just had a strong month, a sign the global economy is improving. How to trade it
  + stars: | 2023-08-01 | by ( Nick Wells Jesse Pound | Nick Wells | Jesse Pound | ) www.cnbc.com   time to read: +1 min
The list includes material companies that mine the mineral, including Southern Copper Corp. and Freeport-McMoRan . Shares of Southern Copper jumped nearly 22% last month, while Freeport-McMoRan gained 11.6%. There are some other stocks on the list that have a less obvious exposure to copper, such as financial stocks Invesco and KKR . The metal often referred to as "Doctor Copper" is seen as a leading economic indicator, and financial stocks are cyclical plays. Financial stocks and copper rising could be a sign that business leaders and investors are growing more confident about the economy.
Persons: Russell Organizations: HG, Southern Copper Corp, Southern Copper, Copper Miners, KKR Locations: Freeport, McMoRan
☆ Goldman Sachs and others expect copper prices to soar. Here are some related stocks that analysts love
  + stars: | 2023-06-05 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +2 min
Copper prices are at their lowest levels in almost a year, but it could provide investors with a buying opportunity. In another May report, Goldman Sachs gave copper prices 25% upside over the next 12 months, rising to $11,000 per ton. Copper prices suffered a nearly 6% decline in May — on pace for the worst month in almost a year since June 2022, according to CNBC analysis. But the market is currently in a "significant deficit" phase, said Goldman analysts. Filo Mining , another Canadian miner, had the highest buy rating at 91%.
Persons: Goldman Sachs, Goldman, It's, — CNBC's Michael Bloom Organizations: Wall Street, Citi, CNBC, CNBC Pro, Copper Miners, NGEx Minerals, Teck Resources, Filo Mining, United States Copper, Bloomberg Locations: China, U.S, Teck
☆ Goldman and others are bullish on copper. Here are some stock ideas that analysts love
  + stars: | 2023-04-03 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +2 min
The demand surge in metals such as copper, nickel and lithium "has only just begun," according to Goldman Sachs. Demand for copper in particular is set to rise to 17% of total demand for so-called green metals by 2030, according to Goldman, from 7% currently. Meanwhile, UBS in a separate March note was also bullish on the outlook for copper demand, saying there is a $60 billion opportunity in EV charging infrastructure. This will lead to a significant rise in copper demand, the bank added. Copper and gold miner SolGold was the only other firm with a 100% buy rating, although its upside was more limited at over 10%.
☆ A weaker dollar is great news for copper, asset manager says — and names 3 stocks to buy
  + stars: | 2023-01-20 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +2 min
Glass highlighted three copper or copper-related stocks that could get a boost from the weaker dollar. Glass also named Chilean copper mining group Antofagasta , and metals and mining firm Boliden. "There just has not been enough investment in copper," Glass told CNBC's "Street Signs Asia" on Tuesday. Glass isn't the only one bullish on copper. Three-month copper on the London Metal Exchange was trading around $9,418 a metric ton on Wednesday, up from around $8,000 a metric ton in November.
☆ Want to play rising copper prices? Analysts give these 2 stocks more than 200% upside
  + stars: | 2022-11-09 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +2 min
Copper is having a good month, with both prices and mining stocks trading well in the green. Benchmark copper prices on the London Metal Exchange jumped over 7% last week on hopes that Covid restrictions in China would soon be lifted, although prices have since pared gains. Still, falling inventories and fresh disruptions at the world's second-largest copper producer in Peru continue to support prices. Against this backdrop, CNBC Pro screened the Global X Copper Miners ETF on FactSet for stocks that analysts expect to outperform, using the following criteria: Upside to average price target of at least 15%. Analysts covering the stock put its upside at nearly 19%, and 77% give it a buy rating, according to FactSet.
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