Investors have been bullish on copper of late, and signs are pointing to more bullishness ahead.
Copper is trading near its highest levels since 2013, as investors anticipate an economic rebound led by China and the U.S. throughout 2021. What's more, the Biden administration's plans for more spending and a focus on infrastructure could drive commodities higher from here. Copper and other raw materials like zinc and aluminum are used heavily in construction, building everything from houses to hospitals and computers. As the economic recovery gains momentum when the pandemic risk fades, copper could be a commodity whose price is very sensitive to upticks in growth.
Companies like Freeport McMoRan, which specialize in mining precious metals like copper, have also seen strong upside. Below, Tickeron's A.I. gives investors a closer look at the outlook for 18 copper stocks.