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Zacks Market Edge Highlights: BOIL, Freeport McMoran, DBB, GLD and Komatsu

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For Immediate Release

Chicago, IL – September 2, 2021 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

 

How to Invest in Commodities Right Now

Welcome to Episode #284 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

This week she’s joined by Jeremy Mullin, Zacks Stock Strategist and the editor of the Commodity Innovator newsletter, to discuss what is happening in the volatile commodity markets.

What was hot to start the year, like lumber, no longer is. Lumber prices are now in the red for the year.

But natural gas is up 75% year-to-date and coffee is up 55%.

Even crude is holding onto its big 2021 rally.

But what is happening with gold and silver as inflation fears remain elevated?

Natural Gas, Copper and Aluminum are Red Hot

If you want to invest in the red-hot natural gas market, which Jeremy calls very volatile right now, one way is the ProShares Ultra Bloomberg Natural Gas (BOIL - Free Report) .

It’s up 136% year-to-date.

Copper is near 10-year highs as the economy reopens.

Investors can buy a copper miner like Freeport McMoran (FCX - Free Report)  or they can buy the Invesco Base Metals Fund (DBB - Free Report)  which owns both copper and sizzling hot aluminum.

Aluminum is also at a 10-year high.

Gold and Agriculture

What about gold as an inflation play?

Investors can buy gold through the SPDR Gold Shares ETF (GLD - Free Report)  but it’s down about 5% year-to-date even with the inflation worries.

Agriculture is another hot commodity area.

You can buy wheat, soybeans and corn, or you can buy those involved in the industry, like equipment manufacturer Komatsu (KMTUY - Free Report) , which is trading with a forward P/E of just 14.

What else should you know about commodities right now?

 

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