8 Top Diamond Stocks: Great Opportunities For 2019 And Beyond 2020

Diamond stocks were bad performers in recent years, even though many metals did quite well. The tide may be turning now for diamond stocks. Eight top diamond stocks outlined in this article show a great chart setup for 2019, 2020 and beyond. They will be added to our shortlist of potential candidates of TOP investing opportunities.

Mining diamonds comes with lots of challenges. There is a long and exhausting path before it shines as an end consumer product.

This article highlights the diversity and complexity of diamond mining. This is a quote that illustrates what we are saying: “Even with all our technological advances and engineering tools, diamond mining still incorporates a certain level of art and science combined. So, let us also take a look some methods in which rough diamonds are extracted from the ground.”

Moreover, and certainly very interesting to read, there are many facts about diamonds which are not well known.

For instance, diamonds were formed billions of years ago through a combination of tremendous pressure and temperatures of 1652–2372 degrees Fahrenheit at depths between 90 and 120 miles beneath Earth’s surface.

Diamonds were discovered in South America as early as 1725. The discovery occurred in Minas Gerais, Brazil, just as the production in India was dwindling.

Even though the U.S. produces almost no diamonds for commercial consumption, America buys more than 40 percent of the world’s gem quality diamonds – making it the world’s largest diamond market.

Alert on Top Diamond Stocks for the medium to long term

As pointed out by Bloomberg diamond stocks were crashing one and two years ago.

However, as shown in this article, diamond stocks look to be bottoming at current price levels.

Note that the sector is not an easy read. Diamond stocks have many influences, first and foremost the demand combined with the price of the U.S. dollar.

InvestingHaven’s research team flashes an alert on the diamond mining sector. As explained in this article we see a potential of turnaround in the sector from bearish to bullish. The bullish outlook is for the medium to long term.

We expect diamond stocks to outperform in the next two to three years. The reasons why we believe this are outlined in this article.

The following list of stocks spread across few countries would cast some light on the better futures of diamond miners.

8 Top Diamond Stocks And Their Chart Setup for 2019, 2020 and beyond

Let’s start with a sector evaluation.

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Disclosure:This article only serves an educational report. We do not intend readers to buy or sell stocks because of our writing(s).

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