Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields. Our performance relative to a 60:40 benchmark, can be seen below.On our previous coverage of Wheaton Precious Metals Corp. ( WPM ), we looked at the biggest FOMO deal of the century . Our opinion was that WPM was buying ...

Rather, shares have been appreciating due to the constrained manufacturing capacity surrounding processor and memory chips. In response, investors are rightfully anticipating that Applied Materials will see strong long-term demand as its customers require more equipment to increase capacity. Notably, the firm expects its semiconductor equipment segment revenue to rise by more than 20% in 2026, which would mark the segment’s fastest growth rate since 2021.Applied Materials has gone on an incredibly strong ru ...

Core Insights - The world's largest mining companies have experienced stock losses nearing 30% since the onset of the war, with copper entering a bear market, silver down 40% from its peak, and gold facing its worst week in decades [1][2] Market Performance - Gold futures fell by $225 an ounce, closing at $4,492, marking a 3.5% decline for the day and over 11% for the week [1] - Silver dropped to $67.81, a 6.9% decrease from the start of trading on Friday [1] - Copper ended the day down 4.0% at $5.30 per pound ($11,690 per tonne), with a weekly decline of 7.4% [2] Company-Specific Impacts - Newmont's stock is down 26.3% since the war began, trading at a market cap of $104 billion, down from $143 billion [3][4] - Barrick Mining has seen a 26.8% decline, with a market cap of $62 billion, down $27 billion since late January [4] - Teck Resources holds a royalty on Barrick's Fourmile gold project, which could significantly impact Barrick's valuation [5] Other Mining Companies - AngloGold Ashanti's shares have plummeted 37.4% in March, resulting in a market value of $40 billion, while Gold Fields lost 33.6% to $35 billion [5] - Wheaton Precious Metals has fallen nearly 30% since the conflict began, now valued at $52 billion [6] - Fresnillo's shares are down 31.3% in March, reducing its market cap to $30 billion [7] Broader Industry Trends - BHP's shares have decreased by 20.0%, with a market cap of $168.58 billion, despite record profits [8] - Glencore has only lost 4.3% since the start of the conflict, now valued at $81 billion, making it the best performer among major mining companies year-to-date [18] - Vale's stock has declined by 18.2%, with a market cap of $61 billion, positioning it as one of the better-performing large-cap miners [20]

Tech trends like artificial intelligence (AI) and quantum computing are what grab the headlines; there's no doubt about that. And while the gains from them are undeniably impressive, it's always a good idea to hedge your bets.Don't put all your eggs in one basket, as the old saying goes. And a good way to avoid doing that with tech stocks is by investing in industrial companies, their polar opposite in many ways.Where tech stocks are usually concerned with cyberspace, industrial companies concern themselves ...

Core Viewpoint - The Federal Reserve's decision to maintain interest rates amid high inflation and surging oil prices due to the Iran war is negatively impacting metals and mining stocks, with potential interest rate cuts delayed until 2027 [1] Group 1: Market Conditions - Metal prices are declining despite traditional demand boosts from war, as the U.S. dollar and bonds are favored as safe-haven assets due to high interest rates [2] - Operational costs for miners are rising sharply due to increased fuel costs, with Brent crude oil prices up over 50% since the onset of the Iran war [2] - The metals and mining sector is facing challenges from high interest rates, rising energy costs, a stronger dollar, and fears of an economic slowdown, affecting metal prices and miner resilience [6] Group 2: Company Performance - Newmont Corporation's shares fell 13.5% this week and over 25% since the Iran war, despite generating record free cash flow of $7.3 billion in 2025 and reducing debt by $3.4 billion [3][7] - Barrick Mining shares have also seen significant declines, but the company plans to spin off its North American gold assets to unlock shareholder value [3][7] - Hecla Mining's stock has dropped over 50% from its January high, but the company is in a strong financial position and is selling a non-performing gold mine to generate cash [3][8] - Wheaton Precious Metals, a streaming company with 52% exposure to gold and 46% to silver, has lost 18% in one week and 30% in March, but its business model mitigates the impact of high fuel costs [4][8] - BHP's shares have fallen nearly 20% in March, but the company is recognized for its strong cash flow and margins, with a strategic pivot towards copper under new CEO Brandon Craig [4][9]

Key Takeaways WPM reported record $2.3B revenues in 2025, up 80.2% y/y, driven by higher prices and output.Wheaton Precious Metals' production rose 8.6% to 689,864 GEOs, beating guidance on strong mine performance.WPM sees 30.5% production growth in 2026, with new assets and Antamina boosting output outlook.Wheaton Precious Metals Corp. (WPM) reported record revenues of $2.3 billion for 2025, marking a 80.2% year-over-year surge. This includes record revenues of around $865 million in the fourth quarter of ...

Mining stocks in general have been on the decline since just after the U.S. and Israel attacked Iran on Feb. 28. Normally, gold and other precious metals are seen as safe-haven assets in times of uncertainty, and initially, mining stocks surged in the wake of the attack. However, when it became clear that the ongoing hostilities would result in oil supply disruptions that would push Brent crude to more than $100 a barrel, mining stocks slumped. That's because rising costs for energy mean higher inflation, ...

Core Insights - Wheaton Precious Metals Corp. (WPM) reported record revenues and significant year-over-year improvements in its fourth-quarter 2025 results, with total Gold Equivalent Ounces (GEO) production exceeding guidance [1][4][8] Financial Performance - WPM generated record revenues of approximately $865 million in Q4 2025, a 127.2% increase year-over-year, driven by a 69% rise in average realized gold equivalent prices and a 35% increase in GEOs sold [4][8] - The company achieved total revenues of $2.3 billion for 2025, an 80.2% increase year-over-year, with a bottom line increase of 178.4% in Q4 and 165% for the full year [8] - Average cash costs rose to $597 per GEO in Q4 2025 from $444 per GEO in the prior-year quarter, while cash operating margin increased 76% to $3,941 per GEO [8] Production Metrics - Gold production in Q4 increased by 10.4% year-over-year to 130,676 ounces, while silver production rose by 3.4% to 6,064 thousand ounces [5] - Attributable gold equivalent production for 2025 was 689,864 ounces, an 8.6% increase year-over-year, surpassing the guidance of 600,000-670,000 ounces [6][7] Future Outlook - WPM expects production of 860,000-940,000 GEOs in 2026, a 30.5% increase at the mid-point, supported by new assets and higher gold and silver prices [12] - The company anticipates a long-term production increase to 1,200,000 GEOs by 2030, driven by growth from operating and development assets [14] Cash Flow and Dividends - WPM reported $1.15 billion in cash at the end of 2025, up from $0.82 billion at the end of 2024, and a record operating cash flow of $1.9 billion compared to $1.03 billion in 2024 [9] - The company declared record annual dividends of 66 cents per share for 2025, with a 19.5 cents increase for Q1 2026, marking an 18% rise from Q4 [9] Market Position - WPM shares have surged 112.3% over the past year, outperforming the industry growth of 52.5% and the S&P 500's 24.6% [1] - The stock is currently trading at a forward 12-month price-to-earnings multiple of 33.45X, a premium compared to the industry average of 13.59X [18][22]

Randy Smallwood, CEO of Wheaton Precious Metals, joins 'Money Movers' to discuss the company's latest earnings report, investing into metals amid uncertainty, and more. ...

Core Insights - Randy Smallwood, CEO of Wheaton Precious Metals, expresses a long-term bullish outlook on gold, emphasizing the company's strategic investments in precious metals amid market uncertainties [2][3]. Company Performance - The discussion includes insights from Wheaton Precious Metals' latest earnings report, highlighting the company's financial health and operational strategies [2][3]. Market Context - The CEO addresses the broader market conditions affecting investments in metals, indicating a cautious yet optimistic approach to navigating uncertainties in the financial landscape [2][3].