BHP is in the material space and is seeing the benefit of the commodity super cycle and the covid supply chain disruptions and inflationary issues. I thought my $185 price target was crazy for CVX and yet we got into the $170s recently. I think BHP could get back to $100 and full extension could be to $175-200 over next couple years. Plus, you will receive a 10% dividend the entire time. Also check out VALE
GLL!!
This is not a recommendation to buy. It is for informational purposes only.
GLL!!
This is not a recommendation to buy. It is for informational purposes only.