4 Agricultural Commodity ETFs Soaring in 2014
Although the markets have been pretty choppy lately, we have seen strength in one segment of the investing world; commodities. Several natural resources have surged in recent trading, led by some soaring products in the agricultural commodity world.
In fact, the PowerShares DB Agricultural Fund (DBA) has actually gained more than 13% in the past one month time frame as supply issues have rocked several resources in this segment. This supply problem is especially apparent when you drill down into some of the leaders in this corner of the market such as the following 4 agricultural commodities which have all added more than 10% in the past month:
ETF/ETN | One Month Performance |
iPath Dow Jones UBS Livestock ETN (COW) | +10.1% |
Teucrium Wheat ETF (WEAT) | +14.2% |
iPath Dow Jones UBS Sugar ETN (SGG) | +10.1% |
iPath Dow Jones UBS Coffee ETN (JO) | +47.3% |
What is Behind This Surge?
For more on what is driving these four agricultural commodities higher, make sure to watch our short video below:
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Read the analyst report on JO
Read the analyst report on SGG
Read the analyst report on DBA
Read the analyst report on WEAT
Read the analyst report on COW
Zacks Investment Research
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report