Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

We are in the initial stage of the third-quarter 2024 earnings season. So far, the results have been in line with expectations. Market participants are closely monitoring the third-quarter results to draw conclusions on the health of the U.S. economy.Several U.S. corporate behemoths will report this month. However, we have selected four large-cap companies carrying the Zacks top rank that are set to beat third-quarter earnings estimates. The combination of a favorable Zacks Rank and a possible earnings beat ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has Agnico Eagle Mines (AEM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Agnico Eagle Mines is a member of the Basic Materials sector. This group includes 235 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst i ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...

Investors looking for stocks in the Mining - Gold sector might want to consider either Agnico Eagle Mines (AEM) or Franco-Nevada (FNV) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes com ...

There are plenty of items to load up in your shopping cart at Costco -- but gold bars shouldn't be one of them.From 50-pound bags of rice to pet insurance to solar panel installation, the range of items and services that Costco (NASDAQ: COST) provides its customers is remarkable. One of the most popular items recently, though, is gold bullion. Of the 101 stores that Bloomberg surveyed earlier this month, 77% reported that they had sold out of bars of the yellow metal. But buying bullion only will translate ...

PALM BEACH, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - In an recent article published by Skilliing.com regarding current Gold trends: “From ancient civilizations to modern-day investors, gold has consistently been sought after for its perceived stability and hedge against inflation and economic uncertainty. This enduring appeal has led to significant price movements over the years, with gold prices often mirroring broader economic trends. Understanding these dynamics is crucial ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Alibaba Group Holding Limited (BABA) : This Chinese e-commerce giant has seen the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.Agnico Eagle Mines Limited (AEM) : This explorer and developer of mineral properties has seen the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.Orla Mining Ltd. (ORLA) : This mining company has seen the Zacks Consensus ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, October 15th:Logility Supply Chain Solutions, Inc. (LGTY) : This software applications company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 4.2%, compared with the industry average of 0.0%.CF Industries Holdings, Inc. (CF) : This global leader nitrogenous fertilizers and other nitrogen produ ...

Agnico Eagle Mines (AEM) ended the recent trading session at $79.82, demonstrating a +0.45% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.77% for the day. At the same time, the Dow added 0.47%, and the tech-heavy Nasdaq gained 0.87%.Heading into today, shares of the gold mining company had lost 4.46% over the past month, lagging the Basic Materials sector's gain of 5.59% and the S&P 500's gain of 4.87% in that time.Market participants will be ...