• Fri. Nov 15th, 2024

iShares MSCI Metals & Mining Producers: Short-Term Headwinds; Long-Term Value (BATS:PICK)

Byadmin

Jan 19, 2023
Stuart Allsopp profile picture

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Nordroden

I put out a strong buy recommendation on the iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) on November 10 last year, arguing that cheap valuations, elevated inflation, and strong long-term oil demand would send the ETF higher. The rise

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PICK Top Holdings (Bloomberg)

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PICK Total Return Performance Vs Metals Price Index (S&P, Bloomberg)

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PICK Total Return Performance Vs 10-Year Breakeven Inflation Expectations (Bloomberg)

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PICK PE Ratio and FCF Yield (Bloomberg)

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PICK Forward PE Ratio And FCF Yield (Bloomberg)

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Image and article originally from seekingalpha.com. Read the original article here.