"Believe In AI, Believe In Copper, Believe In Glencore"

Goldman Sachs analyst James McGeoch published a note on Friday, informing clients that commodity mining and trading giant Glencore could be one of the most straightforward plays on rising copper prices, driven by AI-related demand and tightening commodity markets. He noted that Glencore's upside potential extends beyond being undervalued, with a potential catalyst for a stock buyback program announcement.

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