Core Viewpoint - The article discusses the reliability of Wall Street analysts' recommendations, particularly focusing on Harmony Gold (HMY), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank for making informed investment decisions [1][5]. Summary by Sections Brokerage Recommendations - Harmony Gold has an average brokerage recommendation (ABR) of 1.80, indicating a position between Strong Buy and Buy, based on recommendations from five brokerage firms, with 60% of these being Strong Buy [2][5]. Analyst Bias - Brokerage analysts often exhibit a positive bias in their ratings due to vested interests, leading to a disproportionate number of favorable recommendations compared to negative ones [6][11]. Zacks Rank Comparison - The Zacks Rank is a proprietary tool that categorizes stocks based on earnings estimate revisions, showing a strong correlation with near-term stock price movements, and is considered more reliable than the ABR [8][12]. Earnings Estimate Revisions - The Zacks Consensus Estimate for Harmony Gold has increased by 0.8% over the past month to $2.68, indicating growing optimism among analysts regarding the company's earnings prospects [14]. Investment Guidance - The combination of the recent change in consensus estimates and other factors has resulted in a Zacks Rank 2 (Buy) for Harmony Gold, suggesting that the ABR can serve as a useful guide for investors [15].

Core Viewpoint - The article emphasizes the importance of protecting investments, particularly in the Mining and Real Estate sectors, while also highlighting the author's personal investment outlook and strategies [1]. Group 1: Investment Outlook - The author works on the buy-side in Fixed Income and expresses a strong interest in the Mining and Real Estate sectors [1]. - The phrase "Always Protect Your Nuts!" serves as a reminder for investors to safeguard their investments [1]. Group 2: Analyst's Position - The author has no current stock, option, or similar derivative position in any of the companies mentioned but may initiate a short position in HMY within the next 72 hours [2]. - The article reflects the author's personal opinions and is not influenced by compensation from any company [2]. Group 3: Disclosure and Performance - Past performance is noted as not guaranteeing future results, and no specific investment recommendations are provided [3]. - The views expressed may not represent those of Seeking Alpha as a whole, indicating a diversity of opinions among analysts [3].

Core Viewpoint - Rheinmetall CEO Armin Papperger stated that the company is not currently in negotiations with Volkswagen regarding its factory in Osnabrueck [1] Company Summary - Rheinmetall is a German defense company [1] - The CEO's comments indicate a clear stance on the lack of ongoing discussions with Volkswagen [1] Industry Summary - The statement reflects the current state of negotiations within the defense and automotive sectors in Germany [1]

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment. Group 1: Company Performance - Allstate (ALL) is the third-largest property-casualty insurer in the U.S., with a 29.9% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - Harmony Gold (HMY) engages in gold mining and related activities, experiencing a 12.7% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - America Movil, S.A.B. de C.V. (AMX) is the leading telecommunications provider in Latin America, with a 12.6% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - Deutsche Bank (DB), the largest bank in Germany, has seen a 5.5% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [4] - Enersys (ENS) manufactures industrial batteries and has experienced a 5.3% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [5]

Core Viewpoint - Gold mining companies experienced significant declines in stock prices, indicating potential market volatility in the sector [1] Group 1: Company Performance - Kinross Gold (KGC.US) saw a drop of 4.6% in its stock price [1] - Gold Fields (GFI.US) experienced a decline of 3.8% [1] - Harmony Gold (HMY.US) reported a decrease of 4.2% [1]

Core Viewpoint - Gold mining stocks in the U.S. experienced a significant decline in pre-market trading, reflecting a broader downturn in the gold market as spot gold prices fell sharply [1] Group 1: Company Performance - Coeur Mining (CDE.US) saw a drop of over 7% in pre-market trading [1] - Kinross Gold (KGC.US) and Harmony Gold (HMY.US) both declined by more than 5% [1] - Gold Fields (GFI.US) experienced a decrease of over 3% [1] Group 2: Market Conditions - Spot gold prices fell nearly 3%, dropping below $4,100 to currently stand at $4,053 [1]

Group 1 - Kinross Gold (KGC.US) experienced a decline of 4.6% [1] - Gold Fields (GFI.US) saw a drop of 3.8% [1] - Harmony Gold (HMY.US) fell by 4.2% [1]

Core Viewpoint - Safe-haven traders are focusing on a bill vote that could fund the U.S. government through January, leading to an increase in December-dated gold futures, which are up 2.3% at $4,213.10 [1] Company Summaries Newmont Corporation (NEM) - NEM shares are up 3.8% at $93.44, marking a sixth consecutive daily gain and approaching the record high of $98.58 reached on October 16 [2] - The stock has been on a long-term uptrend, supported by the ascending 80-day moving average [2] Harmony Gold Mining Company Ltd (HMY) - HMY shares have increased by 6.1%, trading at $18.97, and are set for a fourth consecutive rise [4] - The stock has shown a remarkable 131% year-to-date gain and is in recovery after a decline from the October 16 record peak of $22.25, having bounced off the 180-day trendline earlier this month [4]

Group 1 - Tactile Systems Technology, Inc. (TCMD) has seen a 29% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Harmony Gold Mining Company Limited (HMY) has experienced a 12.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Robinhood Markets, Inc. (HOOD) has reported a 21.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Fabrinet (FN) has seen an 8.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - TE Connectivity plc (TEL) has experienced a 7.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]

Core Insights - The argument for adding emerging-market stocks to investment portfolios has strengthened in 2025, particularly due to the U.S. dollar's poor performance against other currencies, leading to international stocks outperforming domestic ones [2][3] Group 1: Emerging Market Stocks - The MSCI EM index increased by 7% in September, marking its seventh consecutive monthly gain, with Goldman Sachs raising its projected outlook for emerging markets in 2026 [3] - LG Display Co., Ltd. has a market cap of $5 billion and generates significant revenue from Asia, the U.S., and Europe, with shares up over 60% year-to-date [4][6] - Taiwan Semiconductor Manufacturing Co., Ltd. controls over 50% of the foundry chip market and reported a 10% revenue growth quarter-over-quarter and 40% year-over-year, with a net profit margin increase to 45.7% [7][9] - ICICI Bank Ltd. is a major player in India's financial sector, with most revenue from domestic clients, and is positioned well due to favorable demographics and reshoring trends [10][12] - Harmony Gold Mining Co., Ltd. has a market cap exceeding $10 billion and has seen its shares nearly double the price of gold, which has risen over 50% year-to-date [13][15]