Glencore Is a 'Screaming Buy' Right Now: David Herro

Glencore Is a 'Screaming Buy' Right Now: David Herro

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Business

University

Hard

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Glencore is highlighted as a strong investment due to its role in mining essential commodities like copper, cobalt, and nickel, crucial for alternative energy and electric vehicles. Despite low commodity prices, Glencore maintains a robust cash flow and uses it for stock buybacks. The company is a significant part of the investment portfolio, with its stock price having increased significantly since 2015, though it has recently decreased, allowing for position rebuilding.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of Glencore does the speaker own, and how does it rank in their portfolio?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the trend of Glencore's stock price since its low in 2015?

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