Saturday, June 21, 2014

Top Gold Companies To Watch For 2015

Top Gold Companies To Watch For 2015: Goldcorp Incorporated(GG)

Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It produces and sells gold, silver, copper, lead, and zinc. The company was founded in 1954 and is headquartered in Vancouver, Canada.

Advisors' Opinion:
  • [By Ben Levisohn]

    There’s a lady who’s sure all that glitters is gold, but that lady is not Barclays, which named Goldcorp (GG) a top pick today.

    Eva-Lotta Jansson/Bloomberg/Getty Images

    Goldcorp has gained 3.4% today, about in line with the Market Vectors Gold Miners ETF(GDX) 3.5% rise. And much of the credit, of course, goes to the jump in gold prices: theSPDR Gold Trust(GLD) has gained 1.5%.

  • [By Doug Ehrman]

    The verdict
    When gold prices remain stagnant, even in the face of global weakness, it's time for concern. Gold has enjoyed a solid run, but the current slump seems likely to continue. In addition, where miners such as Goldcorp (NYSE: GG  ) have underperformed the commodity for an extended period, earlier in the week that trend seemed to be reversing. Structural changes of this nature should be seen as an additional warning sign and a cause to stay on the sidelines. If you want to maintain some exposure to gold, the miners may be ready to reverse some of their underperformance and may provide a more attractive investment profile at current levels. Gold remains under pressure, and a tumble to $1,400 seems a good probability.

  • [By Itinerant]

    Recently pressure has mounted to update this cost reporting standard in order to improve transparent accounting for all costs associated with production. Or as Chuck Jeannes, CEO of Goldcorp (GG), puts it:

  • [By Jonathan Yates]

    There is also a need for diversification in an investment portfolio that gold and silver ! holdings provide for a family office. It is a classic hedge against economic turmoil. Companies in the sector range from Goldcorp (NYSE: GG), the world's biggest, to Wishbone Gold, a small cap with promising holdings in Australia. If dividend income is desired by the family office, there is Yamana Gold (NYSE: AUY), a favorite of financial columnist Jim Jubak, that has a 2.80 percent yield. Goldcorp has a dividend of around 2.50 percent, with Newmont Mining's (NYSE: NEM) even higher at nearly three percent.

  • source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-gold-companies-to-watch-for-2015.html

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