0.21 (0.24%) 1d
(A Top Pick Feb 25/21, Up 1%) Still likes it, but sold it in favour of one that tracks actual commodities. Diversified basket. Should continue to do well looking out 12, 18, 24 months.
He took profits. Economic growth has probably peaked in the US, with weaker demand in China. The infrastructure bill could help some of the companies in this ETF, but the chemical names might suffer. Neutral on it now. For a cyclical play, look at energy or financials over materials.

Likes base metals, as they're cyclical and sensitive to the economic upturn. Volatile, so a 5-10% swing either way is very normal. MXI is in US funds, which he prefers, and is only 46 basis points. Great area with the recovery, inflation, and commodity prices moving higher.

Taking part in the economic recovery and normalization of activity. Diversified basket of global large- and mid-cap companies. Vaccines plus accommodative monetary policies increase economic prospects and a new commodities cycle. Starting to outperform the broader market. Yield is 1.13%.
(Top Pick Feb 4/10, Up 27.41%) likes the global exposure. 21% in US, little less in Canada and the rest internationally. Likes their diversification.
Global Materials ETF. Very decent growth in materials. When you are moving into a recovery in the economy, materials is one of the best performing spaces. On a timely basis this is one of the most oversold areas in the 10 sectors. Truly global as only about 30% is North American.
A 2-fold play. 1) Long term sector with a play on global growth and emerging economies with the need for basic materials. In a cyclical recovery, basic materials tend to be one of the early beneficiaries. 2) Gold miners, which have been acting quite well.
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iShares Global Materials ETF(MXI-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for iShares Global Materials ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares Global Materials ETF(MXI-N) Frequently Asked Questions

What is iShares Global Materials ETF stock symbol?

iShares Global Materials ETF is a American stock, trading under the symbol MXI-N on the NYSE Arca (MXI). It is usually referred to as AMEX:MXI or MXI-N

Is iShares Global Materials ETF a buy or a sell?

In the last year, there was no coverage of iShares Global Materials ETF published on Stockchase.

Is iShares Global Materials ETF a good investment or a top pick?

iShares Global Materials ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Global Materials ETF.

Why is iShares Global Materials ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iShares Global Materials ETF worth watching?

0 stock analysts on Stockchase covered iShares Global Materials ETF In the last year. It is a trending stock that is worth watching.

What is iShares Global Materials ETF stock price?

On 2024-04-19, iShares Global Materials ETF (MXI-N) stock closed at a price of $86.71.