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DBC is a broad-based commodity ETF that holds different industrial, agriculture, and energy commodities, each weighted differently. While the bull market has led to spectacular gains for many commodity stocks, there is significant variation within the asset class. Some commodity stocks are experiencing corrections of 20% or more even in the confines of an upwards trend.
Some of these stocks still have impressive growth outlooks in addition to attractive valuations. 3 of these stocks are ArcelorMittal (MT), Vale (VALE), and Nexa Resources (NEXA). In this article, I will dig into these stocks’ fundamentals, the reasons for the recent pullback, and why now could be a good buying opportunity.
