Commodities have been having a rough ride lately, but Molybdenum’s performance, although not stellar, has not been as bad as many of the other metals. People have been whispering that moly’s current supply/demand picture makes it one of the best metals to invest in.
Thompson Creek Metals Company Inc. shares moved higher after CNBC’s Jim Cramer recommended the stock on the basis that there is a shortage of worldwide supply of molybdenum and the company is well poised to take advantage of rising molybdenum prices. For full story, click here
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