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Base Metals Likely To Jump On Demand From China
Wednesday, May 26, 2010 - 3:09pmAccording to an article on TheStreet, buying opportunities created by metal sell-offs over the past two weeks will trigger gains in base metals during this week. Europe's debt woes and China's property concerns are likely to result in continued volatility in the markets. However, buying sentiment...
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Citigroup (C) Is Bullish On FCX, CLF, NUE, AKS
Tuesday, May 25, 2010 - 1:51pm
Register for the LA Trader's Expo for Free Here! Citigroup (NYSE: C) analyst Brian Yu recommended investors get into metals stocks today. He believes that these stocks are oversold and that they offer good value. Brian Yu especially likes Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Cliffs...
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CLF Well Protected From Currency Headwinds
Friday, November 20, 2009 - 11:37amBrian Yu of Citi maintains his "buy" rating on Cliffs Natural Resources Inc (NASDAQ: CLF). The target price for CLF has been raised from $43 to $51. According to Citi, spot iron ore prices in China indicate that there is a possibility of up to 40% hike in iron ore contract prices vs CIRA forecast...
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