On CNBC's "Futures Outlook," Jeff Kilburg revealed that he is a buyer of copper. He wants to buy the December futures contract at $2.90, with a price target at $3.20. He is hoping to limit losses to $5,000, with a stop loss at $2.70.
If copper jumps to $3.20, Kilburg will make $7,500.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in