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Global X Copper Miners ETFCOPXTOP PICKAug 25, 2026Stock price when the opinion was issued
As of Aug 26, 2026. Market Open.
Tracks the broader copper market. Loved the sector when it was cheap a year ago, but not so much here after it's run up. He'd be cautious at this point.
If the Iran conflict has triggered an economic slowdown, then copper's going back to the low-mid $4 range. A lot of copper stocks will go with it.
The sector is one to buy on dips and trade. Anything commodity-based is more a trader's market than a structural buy-and-hold.
We like COPX if the goal is to add copper mining exposure. ICOP is more diversified into other metals and mining so there will be other exposure that may not be desired. COPX also provides a slightly higher yield while ICOP is a much newer fund.
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We again reiterate COPX, holding 47 copper mining companies worldwide, including Canada, Chile and China as a TOP PICK. Inflation, global energy infrastructure and even AI data center interest will continue to see copper growing demand. We continue to recommend maintaining a stop at $75, looking to achieve $114 — upside potential of 18%. Yield 2.0%