Tuesday, April 21, 2009

Cramer Digs Southern Peru Copper (Chart)

Southern Peru Copper (PCU): "I have been looking at PCU and thinking boy that stock has just made a great move, but on a pullback I like PCU. I think that copper stocks are going to have a much deserved pullback… and you want to be a buyer not a seller."
Southern Peru Copper

  • Cramer likes this stock, mentioned it on Mad Money.
  • The stock is currently in an uptrend and looks good.
  • The stock is hitting the green line which is a good buy point.
  • China has been buying copper.
  • China imports 85 percent of its copper needs.

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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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