Happy New Year, Fools! With a fairly strong year of gains now in the rear-view, all sights are set on whether last year’s strength can continue, as rates look to retreat and a recession looks to be avoided. Indeed, investors are hoping for rate cuts, but just how many of the cuts are already priced into the markets? That’s the big question. At this juncture, investors shouldn’t get far too ahead of themselves after the U.S. stock market’s upward surge to end the year.
At the same time, investors need not go into panic mode by hitting the sell button this January 2024. Though investor sentiment seems to be skewing towards greed rather than fear, I’d argue that a value-based approach can still do well for new investors over the long haul. So, whether or not 2024 turns out to be another spectacular year, here are two intriguing value plays within the mining and materials universe.
Without further ado, let’s check out…
