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Diamond stocks
Ready to invest in the precious gem industry? Consider these 5 stocks.
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The best diamond stocks depend on your portfolio and investment goals – while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.
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You’ll also want to consider which stocks are easy to buy. Different brokerages offer access to different exchanges, so if you’re interested in a specific non-US stock, you’ll want to check if it’s available through your brokerage account. Many diamond stocks are located on non-US exchanges, which means you’ll need a brokerage account that offers access to international stocks.
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This is updated yearly to reflect changes in the market.
“Best for” picks are those we’ve evaluated to be best for specific product features or categories – you can read our full methodology here.
This isn’t an exhaustive list of all the trading platforms out there. What’s best for you depends on your own investing strategy, budget and financial goals.
Our picks for the best diamond stocks
1. Alerus Financial (ALRS)
It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services.
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Previous close price: $14.34
Market capitalization: $288,761,248
1 year performance: -43.87%
P/E ratio: 7.456
2. Rio Tinto ADR (RIO)
It offers aluminum, copper, iron ore, diamonds, gold, borates, titanium dioxide, salt, silver, molybdenum, and lithium.
Previous close price: $63.17
Market capitalization: $103,794,343,936
1 year performance: -11.18%
P/E ratio: 8.3647
3. Anglo American (AAL)
It explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores, as well as alloys.
Previous close price: 2,370.50p
Market capitalization: $32,703,832,064
1 year performance: -31.36%
P/E ratio: 8.2323
4. Zhengzhou Sino Crystal Diamond (300064)
researches, develops, manufactures, and markets synthetic diamonds and related products in China.
Previous close price: ¥1.27
Market capitalization: $1,591,233,536
1 year performance: 3.94%
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5. SF Diamond (300179)
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Previous close price: ¥9.57
Market capitalization: $4,737,612,800
1 year performance: -3.94%
P/E ratio: 31.4516
How to buy diamond stocks
Compare online trading platforms. Weigh your budget against a diversified portfolio that can minimize risk through the market’s ups and downs. Research its history to confirm it’s a solid investment against your financial goals. Search for the stock you’re interested in. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. You may be able to buy fractional shares, depending on your broker. Use our comparison table to narrow down top brokers by fees and bonuses. Decide on how many to buy. Open and fund your account. Buy the stock. Congratulations, you own a part of a diamond company. Fund your account with a bank transfer, credit card or debit card. Optimize your portfolio by tracking how your stock -.
Buy diamond stocks from these online trading platforms
You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock. Even the sector as a whole – performs with an eye on the long term.
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Learning how to read stock charts. Recognize chart patterns can unlock your success as a trader.
– What are stocks? Owning a stock means you own part of a company and can potentially grow your wealth. But there is a risk of loss.
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