Best Gold Stocks To Own For 2018

U.S. equities finished near the unchanged line on Tuesday after recovering from deeper intraday losses.

Geopolitical tensions were in focus, with attention on North Korea and Syria. President Trump tweeted that Pyongyang was “looking for trouble” and that the United States would “solve the problem” if China didn’t help. Concerning Syria, the G7 countries failed to agree on new economic sanctions on Damascus following the recent chemical weapons attack.

The Dow Jones Industrial Average dropped a fraction, the S&P 500 lost 0.1%, the Nasdaq Composite gave back 0.2% and the Russell 2000 gained 0.7%. Treasury bonds rallied, the dollar was on the defensive, gold added 1.6% and oil gained 0.6% for its sixth consecutive rise. Energy benefited from reports that Saudi Arabia wants to extend last year’s production freeze agreement for another six months when OPEC meets again on May 25.

Yield-sensitive REITs led the way with a 0.4% gain while technology stocks were the laggards, down 0.4%. Trading was light, with NYSE volume at 88% of the 30-day average.

Best Gold Stocks To Own For 2018: Mechel OAO(MTL)

Advisors’ Opinion:

  • [By Shanthi Rexaline]

    Mechel PAO (ADR) (NYSE: MTL) is rallying strongly, rising to a three-year high on roughly 1.7 times its average volume.

    The stock has been on a tear in recent months. After dipping below the $2 level in late April and languishing in the sub-$2 range until August, the stock has nearly tripled in the run up to Monday’s session.

  • [By Javier Hasse]

    Steel stocks are spiking on Monday afternoon, with AK Steel Holding Corporation (NYSE: AKS) up almost 7.5 percent, United States Steel Corporation (NYSE: X) up about 6.4 percent, Cliffs Natural Resources Inc (NYSE: CLF) up more than 1 percent and Mechel PAO (ADR) (NYSE: MTL) up 16.8 percent. The stocks are not being helped by a few analyst upgrades (although, surely not hurt by them), but seem to be mostly rallying on the back of Donald Trump’s election as president of the United States.

  • [By Lisa Levin]

    Tuesday morning, the basic materials shares climbed by 0.95 percent. Meanwhile, top gainers in the sector included Allegheny Technologies Incorporated (NYSE: ATI), up 5 percent, and Mechel PAO (ADR) (NYSE: MTL), up 5 percent.

Best Gold Stocks To Own For 2018: PetroShare Corp. (PRHR)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    Just one company joined the calendar, micro-cap gunshot detector ShotSpotter (Pending:SSTI), and one micro-cap company filed, DJ Basin E&P PetroShare (OTCQB:PRHR). We had expected more JOBS-Act filers this week as Monday marked the first day to file for companies preparing for post-Memorial Day launches.

Best Gold Stocks To Own For 2018: BioLineRx Ltd.(BLRX)

Advisors’ Opinion:

  • [By Jim Robertson]

    On Friday, our Under the Radar Moversnewsletter suggested small cap clinical-stage biopharmaceutical stockBioline RX Ltd (NASDAQ: BLRX) as a speculative buy:

Best Gold Stocks To Own For 2018: Vical Incorporated(VICL)

Advisors’ Opinion:

  • [By Lisa Levin]

    Vical Incorporated (NASDAQ: VICL) shares dropped 22 percent to $3.01 after the company disclosed that its Phase 2 trial did not meet primary endpoint.

Best Gold Stocks To Own For 2018: Vaalco Energy Inc(EGY)

Advisors’ Opinion:

  • [By Monica Gerson]

    VAALCO Energy, Inc. (NYSE: EGY) is expected to post a quarterly loss at $0.11 per share on revenue of $18.59 million.

    B2Gold Corp (NYSE: BTG) is estimated to post its quarterly earnings at $0.00 per share on revenue of $135.84 million.

Best Gold Stocks To Own For 2018: Alaska Air Group, Inc.(ALK)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Alaska Air Group (ALK) has advanced 1.3% to $94.55 after getting upgraded to Buy from Hold at Stifel.

    Shake Shack (SHAK) has risen 1.7% to $33 after getting upgraded to Neutral from Underperform at Wedbush.

  • [By Ben Levisohn]

    While the airline stocks have pulled back recently, coming off a choppy 1Q17, we have In-Line ratings on the Big 3 (American Airlines [AAL], Delta Air Lines [DAL] and United Continental [UAL]), as well as on Alaska Air Group (ALK)…

  • [By Adam Levine-Weinberg]

    While Southwest Airlines achieved the best score overall, Alaska Air (NYSE:ALK) received top marks among traditional carriers. This was its 10th consecutive victory in the traditional carrier segment.

  • [By Adam Levine-Weinberg]

    Last year, a potential solution appeared when Alaska Air (NYSE:ALK) acquired Virgin America, which is the only other commercial airline at Love Field, whereas Alaska Airlines flies to nearby Dallas-Fort Worth International Airport (DFW). It seemed plausible that Alaska would consolidate its Dallas-area operations at DFW, the region’s main airport.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Alaska Air Group, Inc. (NYSE: ALK) which rose over 4% to $64.43. The stocks 52-week range is $61.10 to $101.43. Volume was2.4 million compared to its average volume of 1.8 million.

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