My “HOT” Stock – I like BHP

Print This Post A A A


Michael likes BHP. “It’s tempting to take profit in BHP now after its lift above $40. Iron ore was an important driver of the share price gains. However, falls in copper and crude over the same period means there are potential supporting commodity moves even if iron ore retraces,” he says.

“Commodity markets sprang back to life last week after central bank commitments and longer-term expansion plans at Olympic Dam gives BHP options.

Also from this edition