It’s Time to Buy the Dip in Falling Commodities
Written by Emily J. Thompson, Senior Investment Analyst
Source: barron's
- Commodity Market Trends: Gold, silver, and copper prices have been declining after record highs, driven by demand and supply dynamics. Wheat prices are up due to production declines in Russia.
- Investment Insights: Retail investors are advised to maintain a 60/40 portfolio of stocks and bonds but can consider adding 5-10% of commodities for diversification and inflation hedging.
- ETF Investment Options: Exchange-traded funds (ETFs) provide a convenient way to invest in commodities without the complexity of futures, offering diversification and risk management.
- Top Performing ETFs: Notable commodity ETFs include Invesco Optimum Yield Diversified Commodity Strategy, Bloomberg All Commodity Strategy, and abrdn Bloomberg All Commodity Longer Dated Strategy.
- Scenario-Based Investing: ETFs like SPDR Gold Shares, iShares Silver Trust, Invesco DB Agriculture, and Amplify Alternative Harvest can help manage risks associated with specific scenarios such as geopolitical events or supply-demand imbalances.
Analyst Views on MJ
Wall Street analysts forecast MJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 29.460
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Current: 29.460
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
