COPX - COPX: Poised For Gains As Copper Demand Surges
2024-06-16 15:32:30 ET
Summary
- Global X Copper Miners ETF (COPX) has delivered substantial returns for investors, rising 15.33% since my previous article last September.
- COPX is strategically positioned to benefit from the anticipated demand-supply imbalance for copper, driven by surging demand for electrification.
- With soaring demand and limited supply, copper prices are expected to rise, making COPX a solid choice for investors seeking exposure to copper.
Introduction
The Global X Copper Miners ETF (NYSE: COPX ) has proven to be a solid choice for investors to gain exposure to the copper sector, delivering substantial returns for its investors. Since my previous article last September, where I rated COPX a “Strong Buy”, the shares have risen 15.33%, aligning with the upward trajectory seen in the price of copper....
COPX: Poised For Gains As Copper Demand Surges