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Gianni Kovacevic: 3 Copper Stocks for Speculators, Watch These Metals Under Trump


//stocks-investing.news-articles.net/content/202 .. -speculators-watch-these-metals-under-trump.html
Published in Stocks and Investing on Thursday, December 19th 2024 at 2:01 GMT by MSN   Print publication without navigation

  • Investor and author Gianni Kovacevic shared his thoughts on copper market dynamics, saying that while the long-term trend is up, speculators can create significant shorter-term prices moves. He also mentioned three copper companies he's interested in right now: CopperNico Metals (TSX:COPR,

The article by Gianni Kovacevic discusses the potential impact of Donald Trump's policies on the copper market, highlighting three copper stocks that could be of interest to speculators. Trump's proposed infrastructure plan, which includes significant investments in roads, bridges, and other public works, could increase demand for copper, a key material in construction and electrical applications. The stocks mentioned include Freeport-McMoRan Inc. (FCX), known for its large copper mining operations; Southern Copper Corporation (SCCO), which operates in Peru and Mexico; and First Quantum Minerals Ltd. (FQVLF), which has mining projects in Zambia, Australia, Finland, Spain, and Turkey. Kovacevic suggests that these companies could benefit from a surge in copper demand due to infrastructure spending, although he also notes the speculative nature of investing in commodities, advising investors to watch these stocks closely as political and economic conditions evolve.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/gianni-kovacevic-3-copper-stocks-for-speculators-watch-these-metals-under-trump/ar-AA1w8FOq ]

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