Mining stocks will "strike gold" in 2025: Jefferies Financial Group Inc. prefers Teck Resources (TECK.US) and Alcoa Corporation (AA.US).

It's worth noting that Teck Resources (TECK.US), Alcoa Corporation (AA.US), Glencore, and Anglo American were rated as the top picks for mining stocks this year by Jefferies Financial Group Inc. on Monday. Analyst Christopher La Femina of Jefferies Financial Group Inc. stated, "While we have become more cautious about the short-term outlook for the industry recently due to cyclical factors, and believe the risks are skewed to the downside, we think it's too late to downgrade now," "All things considered, after a significant recent sell-off, we are inclined to buy into miners and steel producers that we like." Jefferies Financial Group Inc. believes that the "specific drivers" that will boost stock performance by 2025 include: Anglo American in the midst of a demerger, potentially becoming a takeover target in 2025; Glencore possibly raising capital returns and potentially moving to the US - which would benefit stock liquidity; and Teck Resources potentially becoming a takeover target or acquirer. The bank also mentioned that despite Freeport McMoRan (FCX.US) having a high valuation and facing challenges in Indonesian concentrate exports, they are optimistic about the stock, as well as Lundin Mining, due to their long-term investments in copper. Jefferies Financial Group Inc. wrote, "Most importantly, 2025 will be a significant year for metals and mining. So the question is: 'Will all of this have an impact on the valuation of industry stocks or the interest of ordinary investors? We believe it will eventually have an impact."