AXNNF - Time To Buy Some Nickel Miners
This article first appeared on Trend Investing on February 17, 2018; therefore all data is as of that date.
The nickel miners have held up well compared to the lithium and cobalt miners bad run in January and early February. This is to be expected given the fact the nickel miners did not have the spectacular run up in prices that the lithium and cobalt miners had in 2017.
Nickel is mostly used to make stainless steel. The Nickel Institute states nickel is used in "food preparation equipment, mobile phones, medical equipment, transport, buildings, power