Signal Says Target This Gold Stock Right Now
Target(TGT) Schaeffers Investment Research·2024-12-04 20:01
Since running into $2,700 in October, gold prices have cooled off, consolidating below this mark, though still elevated compared to the last 12 months. Gold traders have joined the the safe-haven asset in pulling back, but if past is precedent, one industry heavyweight could be ready to rally.Newmont Corporation (NYSE:NEM) is one of the top stocks on the SPX to own in December going back a decade. Per Schaeffer's Senior Quantitative Analyst Rocky White, the miner averages a 4.4% return in December, and has ...