13.05.2014 - Cool commodities? Mining stocks back in vogue
Bashed, beaten and unloved, mining stocks have fallen out of favor with investors in the last two years as commodity prices showed signs of peaking. But just when things could have turned from bad to worse it appears that the basic resources sector is the new contrarian play for 2014. Nothing sums up the change in opinion better than JPMorgan's assessment of the situation in a research note on Monday. Detailing a rebound in activity, the U.S. investment bank has stated it is now "overweight" on the mining sector, after being "underweight" for the last two years...............................................Full Article: Source
Print