Will Copper Continue Its Powerful Rally in 2021?

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. 

Contributor

Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.