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30 sep 2022 07:20

Glencore is basically flat in USD this year! Lång

GLENCORE PLC ORD USD0.01LSE

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Check out the price of Glencore in USD. It's basically flat. How come? Their business is in USD and their business is booming. Trading will keep doing incredibly well, Coal is on fire (check out Whitehaven a pure play in OZ). It trades sub 5x EBITDA, yield close to 5%, and could be debt free in 12 months... No brainer buy in my mind.
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Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
Tradersweekly
Thanks for the contribution.
Mer