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    Taking exposure to possible China revival: 5 metal stocks with upside potential up to 14%

    Synopsis

    For the last two years, we all have heard about negative news flow on the Chinese economy. It is not the first or the last time that we have witnessed it. In the past there have been many instances where right from the shadow banking crisis to real estate have bothered the Chinese economy. But if one looks at the long term trend it has all been resolved and they have been able to make a comeback. As an Indian investor, if one has to take exposure to a revival of the Chinese economy in 2024, the only direct play is the metal stocks. The reason, China is a guzzler of metal and when the Chinese economy revives, it would be metal stocks which will outperform. So, investors with the ability to take contrarian investment decisions, it is metals which might be a sector to look at.

    As a sector, metal is one of the most challenging ones, not only for investors but even for the promoters running it. More than anything else, what is happening in China matters to them most and the fact is that information from China is the last thing which one can rely upon. Another big piece of the puzzle, how the US dollar will pans out, cross currencies equations. Last but not least, metal stocks have a strange relationship with financial
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    The Economic Times