Morgan Stanley Says Buy Commodities on Recent Dip
More News related to GCS
- DWS Enhanced Commodity Strategy Fund, Inc. Announces Stockholder Approval of Open-Ending Merger and Other Final Results of Reconvened Annual Meeting of Stockholders
- DWS Enhanced Commodity Strategy Fund, Inc. Announces Preliminary Results of Reconvened Annual Meeting of Stockholders
- DWS Enhanced Commodity Strategy Fund, Inc. Announces Election to Opt Out of the Maryland Control Share Acquisition Act
- Western Investment Issues Open Letter to the Shareholders of Deutsche’s DWS Enhanced Commodity Fund, Inc. (NYSE: GCS)
- DWS Enhanced Commodity Strategy Fund, Inc. Announces Changes to Terms of Proposed Open-Ending Merger
More News related to GLD
- Gold Slightly Higher, + $1
- Notable ETF Movers of the Day 07/28: VXX, UNG, GLD Higher; USO, XHB, XME Lower
- Gold Flat After Yesterday's Big Sell-Off
- Notable ETF Movers of the Day 07/27: VXX, XLF, UUP Higher; GLD, XLE, FXI Lower
- Gold Continues to Tank, Down 8% From Highs
More News related to USO
- Notable ETF Movers of the Day 07/29: USO, VXX, FXE Higher; UUP XLE, XRT, XLP Lower
- Notable ETF Movers of the Day 07/28: VXX, UNG, GLD Higher; USO, XHB, XME Lower
- Crude and Natural Gas Slightly Higher
- Notable ETF Movers of the Day 07/23: SPY, EWJ, UUP Higher; USO, XLE , VXX Lower (MCD, IRE, AMZN, F)
- United States Oil Fund (USO) volatility flat; oil near 11-week high
More News related to Analyst Comments
- FinReg Will Have Minimal Impact on Goldman Sachs (GS) - BofA/ML
- FBR Capital Maintains a 'Market Perform' on Under Armour (UA); 2Q Solid, As Is Guidance--Reflected in Premium Valuation
- FBR Capital Maintains an 'Outperform' on RightNow Technologies (RNOW); Solid Quarter Despite Currency Headwinds
- FBR Capital Maintains an 'Outperform' on Walter Energy (WLT); Lower Sales Outlook by Solid Contracting Prowess
- Price Target on Las Vegas Sands (LVS) Raised to $40 at Hudson Securities, Reiterates Buy Following Q2 Earnings
Earlier, one Morgan Stanley analyst recommended investors use the recent pullback in commodities as a buying opportunity. The analyst cited rising demand for raw materials such as copper, platinum and oil.
“The global economy is in much better shape today and, with economic growth back on track, we view this as a strong buying opportunity for commodities.”
Stocks in the Energy complex are among the strongest performing today. With about one hour left in the trading session, the sector, as a whole, is up about 2.4%.
Related ETF's:
- Energy Select Sector SPDR (NYSE: XLE) up 2.4%
- ProShares Ultra Basic Materials (NYSE: UYM) up 6.3%
- US Oil Fund (NYSE: USO) up 3%
- SPDR Gold Trust (NYSE: GLD) up 1.4%
- DWS Global Commodities Stock Fund (NYSE: GCS) up 2.6%
- Vanguard Energy ETF (NYSE: VDE) up 2.5%
Related Categories
Analyst CommentsTrader Talk
Stocks Mentioned
+0.04Related Entities
Comments
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
Commodities
ed on Feb 10, 2010 02:22 PMIt Seems that they are doing what we all should be doing , Buying Beans( All Types) and Rice and gold and Silver. I figured this out on my own! Years ago when I sold all my Shares of stocks and Mutual funds.