Todd Gordon's Three Metals Picks

Comments
Loading...

On CNBC's "Fast Money," Todd Gordon suggested investors should consider three stocks to buy in the metals space.

He likes Freeport-McMoRan Inc FCX as it is slowly rotating in the leadership position within materials. He thinks the stock looks solid because it broke a 10-year downtrend resistance from 2011.

Newmont Corporation NEM is Gordon's second pick. It has a good monthly rotation within the industry. Gordon likes its exposure to gold, silver, zinc and copper.

Albemarle Corporation ALB is a leader in the lithium mining and Gordon finds it interesting because of the lithium electric vehicle batteries. The stock has a solid monthly uptrend and its monthly resistance is at $200, said Gordon.

Overview Rating:
Speculative
37.5%
Technicals Analysis
66
0100
Financials Analysis
20
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
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!