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July 20, 2021 at 13:49 PM EDT Which copper stocks are investors watching this week? The market for copper stocks is often underrated compared to other mining assets. Traditionally, investors look at gold stocks and silver stocks before other types of metals. This can be a mistake though, as many other materials are climbing in price. Copper is a perfect example of this and has seen significant growth in the last few years. Now you may be wondering, what is the reason that copper stocks have experienced all of this success? Part of copper’s momentum is driven by the market for electric vehicles. EVs are growing rapidly in popularity every single year. With millions of them already on the road, this technology is shaping up to be the future of the automobile. Most major manufacturers already have some sort of plan for transitioning into the EV market. Production electric vehicles use hundreds of pounds of copper, much more than a traditional vehicle would use. This means that the
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