Copper prices are cratering, falling to 4-year lows. As a sometime leading indicator of the economy and stocks, how will investors react? More
CopperOne of the industrial metal commodities, copper has high thermal and electrical conductivity. Due to this high conductivity, it is used in most electronics and wiring. As electronics companies demand more copper, copper mining companies have become very prosperous in the last few years. International copper trade has also increased, especially in China, where the emerging market has demanded more electronic goods and services.
There are many ways for investors to play the copper market including purchasing shares of copper mining companies, purchasing copper as a commodity, and purchasing ETFs specializing in copper. Some of the largest copper companies to invest in are Southern Copper Corp (NYSE:SCCO) and Global Brass and Copper Holdings (NYSE:BRSS). Copper can be bought as a commodity under the ticker COMEX:HG. Finally, ETFs such as Global X Copper Miners (NYSEARC:COPX).
Despite the recent cellar-dwelling in copper prices, investors might want to strike now before the red metal reheats. Here are three ways to do it. More
Freeport McMoRan earnings were zapped by lower gold and copper prices. However, FCX stock is all about energy long-term ... and that's great news. More