Here are 2 Mining Stocks That the Market Got Wrong
With the major indices down significantly year-to-date, investors have been left with virtually nowhere to hide. However, mining stocks have held up remarkably well, as evidenced by the SPDR SP Metals Mining ETF (NYSE:XME), which is up year-to-date. In this piece, we used TipRanks'' Comparison Tool to evaluate two mining stocks: MP Materials (NYSE:MP) and Cameco (NYSE:CCJ). However, the market is bullish on Cameco and bearish on MP — the opposite of what they deserve. MP Materials has exposure to rare-earth minerals, while Cameco is the largest publicly traded uranium company in the world.
Here are 2 Mining Stocks That the Market Got Wrong
With the major indices down significantly year-to-date, investors have been left with virtually nowhere to hide. However, mining stocks have held up remarkably well, as evidenced by the SPDR SP Metals Mining ETF (NYSE:XME), which is up year-to-date. In this piece, we used TipRanks'' Comparison Tool to evaluate two mining stocks: MP Materials (NYSE:MP) and Cameco (NYSE:CCJ). However, the market is bullish on Cameco and bearish on MP — the opposite of what they deserve. MP Materials has exposure to rare-earth minerals, while Cameco is the largest publicly traded uranium company in the world.