Markets are still looking for a direction after a fairly slow start to August. While a recovery appears to be underway, with four straight weeks of gains for the S&P 500, investors are still looking for investments that can outpace the market and yield solid upside. One major Wall Street firm thinks it has found a few metal stocks that could benefit greatly going forward.
BMO Capital Markets issued a few calls on metal fabrication stocks in which it sees significant potential upside. Considering the current inflationary climate, finding upside is key to keeping pace with the recovery from the market lows this summer.
This post appeared first at 24/7 Wall St.