Bank of America's Top Commodity Stock Picks for 2026: Gold, Uranium, and Copper

Saturday, Jan 10, 2026 11:10 am ET1min read
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Bank of America recommends three commodity stocks for 2026: Agnico Eagle Mines for gold, Cameco for uranium, and Freeport-McMoRan for copper. The firm expects rising US industrial policy, a weaker dollar, and geopolitical tension to drive metals pricing. Bank of America forecasts gold averaging $4,538 per ounce in 2026, up 32% YoY, and sets a $227 price objective on Agnico Eagle Mines. Cameco is the top nuclear fuel pick with a raised price objective from $115 to $125 per share.

Bank of America's Top Commodity Stock Picks for 2026: Gold, Uranium, and Copper

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