David Einhorn makes a case for copper to journey renewable power development, recommends two miner shares

0
95

David Einhorn talking on the SOHN convention in New York, Might 6, 2019.

Heidi Gutman | CNBC

Greenlight Capital’s David Einhorn is getting bullish on copper on the again of a requirement surge for inexperienced power, and he revealed his finest picks to journey the increase in renewables Wednesday on the Sohn Convention.

Copper is broadly utilized in batteries and electrical motors in addition to wind and photo voltaic set up due to the steel’s particular options together with electrical and thermal conductivity, and corrosion resistance, the hedge fund supervisor stated.