Bob Carlson
The commodities sector has been climbing amid the recent instability of the stock market and rising interest rates.
Investors seeking to profit from the trend may want to buy the iShares Commodities Select Strategy (NASDAQ:COMT) exchange-traded fund (ETF), which has been trending up since it dipped to $24 a share in January 2016. The fund, which closed at $38.45 on April 23, 2018, is one of the top recommendations of Bob Carlson, a seasoned investment pension fund advisor who writes the Retirement Watch investment newsletter.
Carlson expressed optimism about economic growth continuing in the months ahead and he predicted the commodities fund would keep climbing “until the economy stumbles.” COMT is up 5.82 percent so far this year through April 20 and 20.63 percent during the past 12 months.
‘Good Period for Commodities’
“We’re in the late part of the economic cycle when growth is strong, and inflation is rising,” Carlson said. “Historically, that’s a good period for commodities.”
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Paul Dykewicz, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce,Seeking Alpha, GuruFocus and other publications and websites. Paul is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is the editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz.