Idaho Strategic Resources (IDR) is a compelling stock for investors seeking to capitalize on trends. Its recent price surge, coupled with strong fundamentals, suggests continued bullish momentum. The stock’s high Zacks Rank and positive analyst sentiment further reinforce its potential for future growth.
Analysts at Ned Davis Research have downgraded the U.S. to a Marketweight 54% from an Overweight 58%, citing a shift in their allocation strategy. The firm believes that fundamentals and technicals favor other economies over the U.S. debt market. The decision aligns with the firm’s neutral view on U.S. duration and a potential increase in allocation to Europe.
