Thursday, November 24, 2022

Barron's: Coffee Is About to Be a Hot Commodity. How to Play a Brief Rally.

By SIMON CONSTABLE

It’s time to pour a drop of joe into your portfolio. A recent tumble in coffee bean prices will likely reverse shortly, prompting possible gains of as much as 25% over the coming weeks. 

The issue is that the downdraft, caused by collapsing Vietnamese currency, plus an overly optimistic outlook for Brazil’s crop, has gone too far. Read more here.

MarkSweep, Public domain, via Wikimedia Commons

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