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    Will Fed & China help metal stocks regain lost sheen? 3 stocks with an upside potential up to 16%

    Synopsis

    Will the commodity prices surge once again after China gets past its worst covid wave and economic activity picks up. Recent trend in the price of select commodities may be holding the clue. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from the metal sector with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

    After a sharp rise in the first quarter of 2022, metal prices had been largely correcting southward till November 2022. Recently in the last few weeks, the price of some commodities like iron ore and a few others have started to move upward. Is this move just a dead cat bounce or the global commodity markets are about to witness another round of sustainable up. One school of thought believes that once the worst of covid is over in China the
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    The Economic Times