BHP Group PLC (BLT)
BHP is the largest mining company in the world, with a market value as of October 2019 of $118 billion. While the primary listing is in London, the company is actually headquartered in Melbourne, Australia.
BHP is a continually evolving company and its product mix changes as it buys and sells assets. Currently, most of its revenue comes from iron ore, copper and coal, as well as petroleum. It’s safe to say that the world will never stop consuming iron ore or copper and BHP is the world’s largest producer of both.
BHP gives you exposure to economic growth and several commodities with one share. BHP has a return of equity of 15% and a dividend yield of 5%. The stock trades on a PE of 15, though commodity stocks have more to do with commodity prices than valuations.