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3 Commodity Stocks To Consider For Inflation

Benzinga2021-06-15

As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.

They include Exxon Mobil Corporation(NYSE:XOM),Southern Copper Corporation(NYSE:SCCO), and Newmont Corporation(NYSE:NEM).

Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.

Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.

Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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  • Ericgil
    ·2021-06-17
    Thx
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  • wywy
    ·2021-06-15
    morning
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  • VictorTan
    ·2021-06-15
    Omg
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    • wywy
      morning
      2021-06-15
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  • WYiwei
    ·2021-06-15
    Nice
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  • Phillix
    ·2021-06-15
    I see
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  • SoonT
    ·2021-06-15
    Good buy
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  • Brugelion
    ·2021-06-15
    Huat huat huat
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  • JeffreySeow
    ·2021-06-15
    Comment pls
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    • ELee2723
      Ok
      2021-06-15
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  • kuchirat
    ·2021-06-15
    👀
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  • LeleTrading
    ·2021-06-15
    nice
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  • D9nny
    ·2021-06-15
    Nice
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  • MoneyMenon
    ·2021-06-15
    Nice
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    • Milojj
      Not bad
      2021-06-15
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  • 11d76adf
    ·2021-06-15
    huat
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    • ELee2723
      Nice
      2021-06-15
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    ·2021-06-15
    Nice
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    ·2021-06-15
    Comment 
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  • Hitrun
    ·2021-06-15
    That it
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  • Kah
    ·2021-06-15
    Good buy?
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  • MJY
    ·2021-06-15
    Nice.
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  • Chong Yong
    ·2021-06-15
    Hi
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  • joshua0111
    ·2021-06-15
    Pls like and comment 
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    • 68fc893
      comment back pls
      2021-06-15
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    • Brugelion
      Back pls
      2021-06-15
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    • Celcho
      PleaSe comment too
      2021-06-16
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