Major copper producers rallied Thursday as the red metal extended its fourth-quarter run, driven by supply disruptions in South America, China’s infrastructure stimulus, and accelerating demand from electric vehicle and renewable energy sectors. Copper futures are up an impressive 40% since the beginning of August.
When mining stocks rally aggressively, it signals investors expect robust industrial activity ahead. For mining companies with significant copper exposure, the following three stocks are positioned to capitalize on continued commodity strength.
This post appeared first on 24/7 Wall St.