Morgan Stanley Says Buy Commodities on Recent Dip

Earlier, one Morgan Stanley analyst recommended investors use the recent pullback in commodities as a buying opportunity. The analyst cited rising demand for raw materials such as copper, platinum and oil.

“The global economy is in much better shape today and, with economic growth back on track, we view this as a strong buying opportunity for commodities.”

Stocks in the Energy complex are among the strongest performing today. With about one hour left in the trading session, the sector, as a whole, is up about 2.4%.