Leaders and Laggards: Commodity Stocks

By Commodity HQ  MAY 07, 2014 12:02 PM

Gold is doing well so far this year. Steel, lumber, and emerging markets? Not so much.


With four months complete, 2014 has been a mixed bag for commodity-producing stocks. While broad equity markets are hovering at about breakeven for the year, many commodity-intensive stocks have made big pushes in both directions.

Below is a look at some of the sectors that are both leading and lagging through the first four months of 2014:

Leaders: Anything Related to Gold

Gold mining stocks have been one of the worst investments possible for the last several years, plunging on weakness in the precious metals market. Cash flows dried up, and many predicted that a wave of bankruptcies could be inevitable if gold prices went much lower.

But in 2014, gold mining stocks have been one of the best places to put your money. Gold prices have stabilized -- though they remain far below all-time highs -- which has brought some of the luster back to mining stocks. Here's a look at a few ETFs that have staged huge rallies in 2014:

Laggards: Steel, Timber, and Emerging Markets

Other commodity sectors haven't been nearly as fortunate, extending losses from last year. Here's a look at some of the laggards among commodity stock sector ETFs:

Editor's note: This article by Jared Cummans was originally published on Commodity HQ.

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No positions in stocks mentioned.