You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
- View TECK.B Profile
- View Questions on TECK.B
Lundin Mining Corporation (LUN)
- View LUN Profile
- View Questions on LUN
Capstone Copper Corp. (CS)
- View CS Profile
- View Questions on CS

Q: Hi 5i. Any thoughts on the copper market? What are your favorite copper oriented stocks/etf and why.

Thanks so much!
Gary

Asked by Gary on April 13, 2024

5i Research Answer:

We like CS, TECK.B, LUN largely for their management, leverage to copper and 'relative' safety, including strong balance sheets at LUN. Valuations are also quite attractive. CS is showing excellent momentum and has a very strong growth profile. Considering China's economic slowdown, the strength of copper has been quite impressive. If the US dollar weakens with lower rates copper could still do well, and with a recovery in global growth (potentially) we think the outlook is fairly good. IF China can recover then the copper market may do even better. Recent supply concerns (China cutbacks, Panama mine closing) have added interest to the sector.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use