5 Commodity Picks for an Inflationary Environment

Along with its recent rate increase, the Fed has upgraded its growth and inflation forecasts—and this could bode well for commodity stocks, writes Validea CEO John Reese in in his article this week for Nasdaq. Reese cites a tighter labor market, stabilizing oil prices and slowing appreciation of the U.S. dollar as potential contributors to inflation, and cites AAII Journal data pointing to a strong outlook for commodity stocks: He identifies five commodity stocks worth a look: Ternium SA (TX), a producer of steel products and iron ore, is favored for its price-sales ratio, debt-equity ratio and cash flow-per-share (which […]