BHP Group Should Be Added By Investors Seeking Income And An Attractive Total Return
BHP(BHP) Seeking Alpha·2024-04-01 18:34
Vladimir Zapletin/iStock via Getty ImagesLast week I bought BHP Group Limited (NYSE:BHP) stock expecting a reasonable total return for a 2-3 year holding period. I used some of the proceeds from selling Nucor (NUE) stock the prior week to buy BHP. While I am monitoring iron ore, copper, metallurgical coal prices and AUD/USD exchange rates, I am also watching the continued political debates in Australia over franking. BHP is a "buy" at current levels for those seeking a reasonable total return over the n ...