BofA details its top 3 stock picks in the red-hot metals sector

Core Viewpoint - The metal and mining sector is experiencing a significant rally, with Bank of America identifying three key stock picks for investors looking to capitalize on this trend as the sector is expected to grow further into 2026 [1][2]. Industry Summary - Precious and industrial metals have seen substantial price increases in 2025, which has positively impacted mining stocks [6]. - The U.S. government's emphasis on increasing domestic production of critical materials is providing a favorable environment for the mining sector [6]. Company Summaries - Agnico Eagle Mines - Achieved a 1-year return of +130% - Recognized as the top pick for precious metals miners due to its project pipeline and potential for further gold discoveries [3]. - Cameco Corporation - Recorded a 1-year gain of +123% - Identified as the leading choice in uranium mining, with significant growth potential and diversified exposure across nuclear energy and fuel supply chains [4]. - Freeport-McMoRan - Experienced a 1-year gain of +50% - Considered the best stock for exposure to copper, which is expected to rise due to demand from AI producers [4].