Reported 1 day ago
Recent insights reveal that Rio Tinto Group (NYSE: RIO) is considered one of the best copper stocks by Wall Street analysts, boasting a potential upside of 30.07%. With a robust performance in copper amidst rising global demand due to technological advancements and renewable energy, the company has attracted significant institutional interest, evidenced by 39 hedge fund holders as of Q4 2024. Despite challenges in the mining industry, RIO's diversified portfolio and strong cash flows position it favorably in the market.
Source: YAHOO