3 Industrial Stocks That Have Investors Hooked

Metals and minerals demand is anticipated to surge significantly in the foreseeable years, thanks to increased urbanization, rising infrastructure development, and clean energy transition worldwide. Furthermore, adopting digital technologies across the value chain, from operations to procurement to sales, should boost the industrial metals sector’s prospects. Given the industry’s tailwinds, fundamental sound industrial stocks BHP Group […] August 11, 2023 [Option Sensei] [3 Industrial Stocks That Have Investors Hooked]( Metals and minerals demand is anticipated to surge significantly in the foreseeable years, thanks to increased urbanization, rising infrastructure development, and clean energy transition worldwide. Furthermore, adopting digital technologies across the value chain, from operations to procurement to sales, should boost the industrial metals sector’s prospects. Given the industry’s tailwinds, fundamental sound industrial stocks BHP Group Limited ([BHP]( – [Get Rating]( Southern Copper Corporation ([SCCO]( – [Get Rating]( and Marubeni Corporation ([MARUY]( – [Get Rating]( could be ideal additions to your portfolio for solid returns. Demand for metals and minerals is expected to rise considerably this year and beyond, driven by sustained industrial production. Production at U.S. factories [rebounded at a 1.5% annualized rate]( in the second quarter after dropping at a 0.2% pace in the January-March period. Furthermore, favorable government initiatives and funding for infrastructure and transportation development projects should create numerous growth opportunities for the prominent players in the industrial metals market. The Bipartisan Infrastructure Investment and Jobs Act, signed into law by President Joe Biden in November 2021, [authorized $550 billion in new federal spending]( over the next five years, covering everything from bridges and roads to the country’s public transit, broadband, water, and energy systems. Demand for industrial metals is expected to surge in the coming years as the energy transition is in full force worldwide. As per the Energy Transitions Commission (ETC), the energy transition would require the production of up to 6.5 billion tonnes of materials cumulatively between 2022 and 2050, with [steel, copper, and aluminum accounting for 95%](. In addition, digital transformation is accelerating across the metals and mining sector, and companies have an unprecedented opportunity to capitalize on this momentum. By integrating emerging technologies, including cloud, AI, robotics, and big data, industry players could boost throughput, simplify operations, reduce costs, and lower supply chain complexity. According to a report by Market Research Future, the base metals mining market is… Continue reading at [STOCKNEWS.com]( SPONSOR [These 110 Banks Are Planning to Replace the U.S. Dollar]( Please pay close attention because if your bank is on this "blacklist" with 110 banks, your entire life savings could be at risk. According to this famous banker, you must move your cash before September 20th... Or risk losing everything. Learn how to prepare for what The Wall Street Journal called a "game-changing development." [Prepare Now]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This is a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Wealthpop users . Wealthpop is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Wealthpop, and Wealthpop disclaims any liability for or arising from such statements and opinions. You are hereby advised that Wealthpop is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Wealthpop. All rights reserved. Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019