CAFE iPath® Bloomberg Coffee Subindex Total Return(SM) ETN Loading... : Bullish and Bearish Analyst Opinions
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Top Calls
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08:28
Jul 07
Jul 07
El Niño weather threatens coffee and cocoa supply.
The declared El Niño is causing extreme weather, with heavy rainfall in West Africa (Ivory Coast, Ghana) threatening cocoa production and concerns in Brazil over Arabica coffee. Supply disruptions are driving price volatility and higher prices.
MED
06:00
Jun 17
Jun 17
Power equipment/wire stocks offer corrected value.
Korean power equipment and cable stocks have corrected enough to offer valuation merit. The main bottleneck for building more data centers is power supply, meaning that once this bottleneck is resolved, demand for power infrastructure will spike. Combined with reconstruction needs (Ukraine, Middle East), the sector has attractive price levels and a strong story to resume its uptrend.
MED
About CAFE Analyst Coverage
Buzzberg tracks CAFE (iPath® Bloomberg Coffee Subindex Total Return(SM) ETN) across 2 sources. 2 bullish vs 0 bearish calls from 2 analysts. Sentiment: predominantly bullish (100%). 2 total trade ideas tracked. Latest voices: Jennifer, Park Jin-hee.