A recent MarketWatch article encouraged traders to "Forget Facebook and Apple and buy cheap BANG stocks." You may be wondering if that’s really a good strategy.
So, we asked our resident metals analyst, Tom Denham, to give us his take.
Tom was happy to provide an outlook for BANG stocks (Barrick Gold, Agnico Eagle, Newmont Mining and Goldcorp) vs. technology FANG stocks (Facebook, Apple, Netflix and Google).
Tom Denham has been providing market analysis for Elliott Wave International for more than 11 years, covering multiple markets including metals, European stocks and currencies during that time. Today Tom is the editor of EWI's Metals Pro Service, providing intraday and daily analysis of gold, silver, copper and other major metals.