Buy the Dip in These 2 Cheap Commodity Stocks

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Since raw materials are the building blocks of many economic activities, the demand for commodities is rising from several industries. Furthermore, a supply-demand imbalance is driving the prices of several commodities higher.

Since the environment for investing in commodities looks promising, we think one should consider buying the dip in stocks such as POSCO (PKX) and Impala Platinum Holdings Limited (IMPUY). These companies have dominant commodity businesses and therefore are well positioned to deliver solid returns in the near to midterm.

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