Oz Minerals (OZL) is Australia’s best Copper Stock. We are bullish reflation, bullish commodities generally and bullish Copper. We see upside on OZL from current levels and and are adding it to the Flagship Growth Portfolio around $19.12 with a 5% portfolio weighting.
We view this as a moderate risk stock and we plan to hold over the medium term, although markets are fluid and this can change.