Mar. 16 at 4:14 AM
Looking for the most attractive gold stock right now?
After gold and silver surged in late January, I took profits in gold and silver mining stocks in The Hecht Commodity Report, selling near the highs. Since then, the sector has cooled slightly but is consolidating, with signs another upward move could be coming.
My top pick: Newmont (
$NEM ).
It's the largest gold miner globally, included in the S&P 500, meaning strong institutional support and liquidity.
Valuation looks favorable, with an over 20% return on equity and robust free cash flow used to buy back shares.
For diversified exposure, I recommend ETFs like
$GDX and
$GDXJ for gold miners, and
$SIL and
$SILJ for silver miners.
If I had to choose just one? It's NEM, long-term, it's positioned to outperform peers.
Are you ready to capitalize on gold's next move? Follow me for more insights and trade setups.
#Gold #Silver #Miners
