SFR is surging over +6%, back above $16 as optimism return that a resolution is looming in the Iran War. At MM we remain bullish towards copper in line with global electrification and the growing AI evolution over the coming years.
The recent pullback in line with economic growth fears due to the Iran War is providing a great entry opportunity in our opinion.
- We are looking for a test above $20 by SFR into the EOFY – MM owns SFR in its Active Growth Portfolio.