Gold Is My Highest Conviction Pick For 2024: Consider Newmont Stock


Source: seekingalpha.com seekingalpha.com

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urzine Newmont Corporation (NYSE:NEM) is one of my top picks right now because it offers an attractively priced leveraged exposure to two metals that I am quite bullish on over the long term. Moreover, its balance sheet remains in excellent shape and its geographic regions are not considered to be very risky from a geopolitical perspective. Finally, its valuation appears to be quite attractive at the moment, especially given our bullish outlook on its underlying products. In this article, I will discuss why each of these factors makes NEM a compelling buy as we head into 2024. #1. Bullish Gold...