By Farah Elbahrawy, Bloomberg markets live reporter and strategist Outperforming mining and energy stocks are set for further gains as a constructive backdrop for commodity prices and demand is set to support earnings. Basic resources and energy shares have outpaced the benchmark over the past three months, despite May’s drop in crude prices.
Strategists are turning increasingly positive, with shareholder payouts and a wide discount to the market supporting the case for the sector.JPMorgan’s Mislav Matejka said miners’ earnings-per-share…Commodity Stocks Poised for Further Gains
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