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The Momentum Investor: Spotlight On BHP

Dec. 03, 2021 3:09 PM ETBHP Group Limited (BHP)4 Comments
Hale Stewart profile picture
Hale Stewart


  • The manufacturing sector, which creates demand for BHP's raw materials, is very strong globally.
  • Analysts are bullish on the stock.
  • The basic materials sector is improving relative to the S&P 500 and the stock's chart has positive momentum.

BHP Billiton

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The momentum investor's sole purpose is to identify stocks that are positioning for a price breakout for either fundamental (a new product, a merger), economic (strong sector growth), or market-based (an industry that is gaining in strength with traders), reasons (or a

This article was written by

Hale Stewart profile picture
Hale Stewart spent 5 years as a bond broker in the late 1990s before returning to law school in the early 2000s. He is currently a tax lawyer in Houston, Texas. He has an LLM in domestic and international taxation (MagnaCumLaude). He is the author of the book The Lifetime Income Security Solution. Follow me on Twitter at @originalbonddadYou can read his legal analysis on his law office's blog.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Comments (4)

SenBiden profile picture
Although I've had my ups and downs with BHP/BBL it is my longest continuous holding. Its cyclical so I've added and trimmed accordingly over the years but I believe this is a solid holding with dependable management (timing of foray into US oil an exception) for those seeking international diversification along with a good dividend.
bobcowman profile picture
What happened today?
OlePhart profile picture
I just picked up some at $53 a share. I learned about it while data mining.
BHP seems to check all the boxes as a value proposition as the money continues to hemmorage out of tech.
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