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    Is China's stimulus at work? 5 metal stocks which can deliver up to 35% returns, as per analysts

    Synopsis

    China is one of the biggest consumers of metals. Be it copper, aluminum or steel. When the global market gets indication that the Chinese government is planning a push for its real estate market or giving any kind of stimulus then metal prices tend to firm up. One of the reasons why only large companies are in focus could be the fact that with the bumper earnings which these companies have made in the last two years,some of them have reduced their debt.

    Recently, China announced measures to prop up its real estate market, once again. Given the fact that China is the biggest guzzler of metal, focus is back on metal stocks. Unlike 2021 and early 2022 when the outlook was bullish across the board because of supply chain bottlenecks. This time around it is not secularly but selectively bullish. It is selected stocks which are getting attention, companies either with large capacity, fully integrated
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    The Economic Times