VanEck Vectors Rare Earth/Strategic Metals ETF [REMX] Stock Forecast

Easing inflation, hopes of the Fed's slower rate hike path and a reopening in China bolstered the risk appetite of investors.

The United States witnessed downbeat economic data points to start the New Year. This has lowered the chances of steeper Fed rate hikes.

VanEck ETF may be boosted by demand for metals used in EV batteries.

VanEck Rare Earth/Strategic Metals ETF (REMX) tracks global rare earth mining and recycling companies. REMX casts a wide global net with holdings in both emerging and developed markets across five continents.

Rare earth metals have had quite a run. Reasons to be bullish? Bullish reason one: Demand will continue to rise.

REMX invests in rare earth and strategic metals producers, which may become the most important sources of energy and economy in the future. During the past 12 months, REMX's investments in Australian, Canadian and French miners delivered positive price growth, while investments in Chinese, American, and Dutch companies generated negative price growth.

Wall Street was upbeat last week with the S&P 500, the Dow Jones, the Nasdaq and the Russell 2000 all adding solid gains.

Whether it's everyday consumer electronics, military gear, or renewable energy products, rare earth metals are increasingly essential to an array of industries.

Rare earths are seeing skyrocketing demand from increased EV adoption. REMX is a rare earths index ETF, and a simple way to profit from these trends.

The VanEck Vectors Rare Earth/Strategic Metals ETF provides excellent exposure to rare-Earth and strategic minerals without exposure to Russia. That said, the fund does have ~26% exposure to China.

VanEck Vectors Rare Earth/Strategic Metals ETF is a US stock and trading under the symbol REMX

VanEck Vectors Rare Earth/Strategic Metals ETF stock price is $93.6 today.

Yes, VanEck Vectors Rare Earth/Strategic Metals ETF is a publicly traded company.