Newmont Mining (NEM) is recommended as both a trade and investment, benefiting from gold's outperformance and conservative management. Central banks' continued gold buying and a shift from Bitcoin to gold support further gains for gold and gold miners like NEM. NEM's restructuring, cost reductions, and disciplined capital allocation position it well, especially with energy costs falling and gold prices high.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Newmont (NEM) stock could be a strong candidate to leverage the current momentum. Why? Because it offers strong margins, a low-debt capital structure, and robust momentum.
NEM's 150% rally, surging gold prices, and Tier 1 assets signal sustained momentum backed by strong cash flows and rising earnings.
Safe-haven traders are eyeing the vote on a bill slated to run through the House later today, which could fund the U.S. government through January.
Zacks.com users have recently been watching Newmont (NEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
When gold prices rise, so does the urge to merge. That old mining truth may be back in play, as UBS reckons the sector could be heading towards another bout of deal-making; this time between its biggest names, Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) and Barrick Gold Corp. (TSX:ABX, NYSE:GOLD).
Investors interested in Mining - Gold stocks are likely familiar with Newmont Corporation (NEM) and Agnico Eagle Mines (AEM). But which of these two stocks presents investors with the better value opportunity right now?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
This isn't the time for investors to buy the dip, with geopolitical risks fading and bullion still up 53% for the year.
Major U.S. equities indexes climbed to all-time highs in intraday trading Monday amid growing optimism the U.S. and China could strike a trade deal. The Dow, Nasdaq, and S&P 500 all set fresh records.