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Actionable news in AYI: ACUITY BRANDS Inc,

The stock benefiting from copper’s slide

With copper hitting a six-year low this week, some companies could benefit from the metal's big decline.

Erin Gibbs of S&P Investment Advisory is watching the telecom, construction and automaker sectors for companies that could get a profit boost from lower copper prices.

One standout name is Acuity Brands, Gibbs said, with a net margin of more than 42 percent. Meanwhile, the electric and lighting manufacturer is expected to see earnings growth of 26 percent over the next year, she said.

"They're not only changing it from having lower costs, but also increasing on the revenue side," Gibbs said Monday on "Trading Nation." "We think...