For exposure to the China economic revival and creating a India hedge: 5 metal stocks, 4 with upside potential of up to 36%
- Posted on November 5, 2024
- By Business News Today
- 2 Views
For exposure to the China economic revival and creating a India hedge: 5 metal stocks, 4 with upside potential of up to 36%
A meeting of the US Fed always makes headlines. But this time around, all eyes are on a four-day meeting in China that will decide on a stimulus package to revive the economy. The likely stimulus is what triggered the “sell India-buy China” trade in October. So what is the best way to play the Chinese economic recovery? Simple, really: Buy metal stocks. Metal prices spike when demand rises in China. Also, metal stocks can act as a hedge if the “sell India-buy China” trade continues – it is very likely that they will outperform the falling market. Now the question is: Which metal stocks? Those with international operations, or those focused on India?