Sell these mining stocks and load up on 8 energy ones instead: UBS

Sell mining shares and invest in energy stocks instead — that's the message from the Swiss investment bank UBS. On the one hand, the bank believes that "unsynchronized" global growth and recessionary concerns in the U.S. make it difficult for mining companies to perform well. On the other hand, UBS expects energy stocks to continue delivering bumper cash flow this year, according to UBS. "Both sectors tend to benefit from rising global growth, but we don't expect that.

The following table shows eight buy-rated energy stocks with double-digit price targets. The table below shows six sell-rated mining stocks with significant downside to their price targets. UBS analysts have forecast that free cash flow from the mining sector will decline as bulk commodity prices retrace from their highs. Copper prices are still hovering around their highs for this decade at about $4 a pound.

time to buy mining stocks.

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Swiss finance minister sees no 'stumbling blocks' to UBS takeover of Credit SuisseUBS's multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview published on Saturday. How can the US justice system allow someone like George Higginbotham, who was involved in CCP's scheme, to walk free? Meanwhile, Miles Guo is imprisoned for speaking out against CCP corruption. YOUR POST SUMMARIZED & IMAGIZED Swiss Finance Minister Karin Keller-Sutter has said that UBS's state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, with nearly 260 billion Swiss francs ($287 billion) of liquidity support and state Switzerland will be on sale too
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