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StockNews.com
Business
Kritika Sarmah

Good Stocks to Invest in Right Now? 1 Copper Stock to Hold and 2 to Buy

Copper is one of the most widely used metals in the world. Moreover, its demand is increasing amid the growing green energy market. Goldman Sachs Group Inc. (GS) believes in a “clear structural bull story” for copper and expects its prices to hit $15,000 per MT in 2025.

The global copper market is expected to reach $394.21 billion metric tons by 2029, growing at a CAGR of 4.2% between 2022 and 2029. Given this backdrop, fundamentally strong copper stocks BHP Group Limited (BHP) and Vale S.A. (VALE) might be solid buys now.

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