MIDEAST-STOCKS-Gulf bourses drop ahead of US inflation data
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 26 2024
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Should l Buy COMB?
Source: NASDAQ.COM
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Analyst Views on COMB
Wall Street analysts forecast COMB stock price to rise
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Current: 23.030
Low
Averages
High
Current: 23.030
Low
Averages
High

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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.

- Commodities Rally: Commodities have recovered most of their 2023 losses in the first half of this year, driven by strong gold purchases by central banks.
- Cocoa Price Surge: Cocoa prices more than doubled due to weather-related supply issues, leading the market's gains.
- Overall Market Performance: Energy and precious metals also saw significant price increases, contributing to the overall rally in commodities.
- Potential for Extension: Analysts believe that the rally in commodities may continue into the second half of the year.
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