FQVLF - Glencore Lundin First Quantum top copper-exposed stocks Stanley says

Equities exposed to copper (HG1:COM) have enjoyed the metal's recent surge to nearly eight-year highs, but Morgan Stanley says there is more to come and a buying opportunity for investors may be around the corner.Despite average total shareholder returns of nearly 63% since the start of 2020, Stanley analysts say they continue to see a positive risk-reward for copper-exposed equities, citing various tailwinds including an accelerating economic cycle and expected reflation, which "strongly favors copper."Copper's role in the global shift toward a lower carbon economy is another bullish factor, the firm says, and its position as a key enabler of decarbonization and electrification transition offers a "compelling secular growth angle as investor focus on climate change continues to grow.""Against this backdrop, we would use potential market volatility around Chinese New Year over the next month as a buying opportunity with a bullish 2Q21 outlook in sight," the firm says, preferring

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Glencore, Lundin, First Quantum top copper-exposed stocks, Stanley says