Top 5 Gold Stocks To Own Right Now


Money managers who are reducing their bullish bets on oil are following a “dangerous” strategy, according to Goldman Sachs Group Inc.

Demand will remain strong and concerns over economic growth will probably prove temporary, analysts including Jeffrey Currie wrote in a May 16 note. Additionally, U.S. shale or OPEC are unlikely to be able to solve problems from potential supply disruptions, according to the bank. It said the case for owning commodities has strengthened and raised its forecast for 12-month returns from raw materials to 8 percent from 5 percent.

“Oil speculative net long positions have been declining since $73 a barrel with the common mantra, ‘we will ride this one out’,” the analysts wrote in the report. “These are dangerous words from a risk management perspective.”

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Bullish bets by money managers on global benchmark Brent crude have declined for four weeks since mid-April, while front-month futures have jumped more than 10 percent over the past month. Speculation has been swirling over how a U.S. decision to renew sanctions on Iran may curb exports from OPEC’s third-largest producer, and whether output from America or other nations such as Saudi Arabia will be able to fill any loss of supply.

Top 5 Gold Stocks To Own Right Now: NEW GOLD INC.(NGD)

Advisors’ Opinion:

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers
    Teradyne, Inc. (NYSE: TER) fell 10.8 percent to $37.02 in pre-market trading after the company issued downbeat Q2 guidance.
    Edwards Lifesciences Corporation (NYSE: EW) fell 9.2 percent to $122.29 in pre-market trading. Edwards Lifesciences reported better-than-expected results for its first quarter, but issued weak earnings guidance for the second quarter.
    New Gold Inc. (NYSE: NGD) fell 8.8 percent to $2.30 in pre-market trading after rising 4.13 percent on Tuesday.
    Gold Fields Limited (ADR) (NYSE: GFI) fell 8.6 percent to $3.61 in pre-market trading.
    Natus Medical Incorporated (NASDAQ: BABY) fell 8.2 percent to $32.95 in pre-market trading after the company issued weak forecast for the second quarter.
    Atossa Genetics Inc. (NASDAQ: ATOS) shares fell 7.9 percent to $3.50 in pre-market trading after climbing 27.09 percent on Tuesday.
    Bright Scholar Education Holdings Limited (NYSE: BEDU) shares fell 6.7 percent to $13.58 in pre-market trading after reporting Q1 results.
    Sangamo Therapeutics Inc (NASDAQ: SGMO) fell 5.9 percent to $16.75 in pre-market trading following announcement of a $200 million common stock offering.
    Foresight Autonomous Holdings Ltd (NASDAQ: FRSX) shares fell 5.7 percent to $3.29 in pre-market trading after declining 3.32 percent on Tuesday.
    Euronav NV (NYSE: EURN) fell 4.8 percent to $8.40 in pre-market trading.
    Limelight Networks, Inc. (NASDAQ: LLNW) shares fell 4.3 percent to $4.69 in pre-market trading.
    Gaming and Leisure Properties Inc (NASDAQ: GLPI) shares fell 4.1 percent to $32.92 in pre-market trading after the company issued downbeat quarterly results and reported the retirement of CFO William Clifford

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers
    Check-Cap Ltd. (NASDAQ: CHEK) fell 23.3 percent to $9.87 in pre-market trading after declining 13.45 percent on Wednesday.
    SunCoke Energy Partners, L.P. (NYSE: SXCP) fell 12.8 percent to $16.00 in pre-market trading after reporting Q1 results.
    Briggs & Stratton Corporation (NYSE: BGG) fell 11 percent to $17.55 in pre-market trading after the company posted mixed Q3 results and lowered its FY18 guidance.
    New Gold Inc. (NYSE: NGD) fell 8.4 percent to $2.30 in pre-market trading following downbeat Q1 results.
    Quality Care Properties, Inc. (NYSE: QCP) fell 8.2 percent to $20.85 in pre-market trading. Welltower announced plans to acquire QCP for $20.75 per share in cash.
    China Customer Relations Centers Inc. (NASDAQ: CCRC) shares fell 7.5 percent to $17.25 in pre-market trading after climbing 18.73 percent on Wednesday.
    Nokia Corporation (NYSE: NOK) shares fell 5.7 percent to $5.58 in pre-market trading after reporting Q1 results.
    eBay Inc. (NASDAQ: EBAY) fell 5.6 percent to $38.66 in pre-market trading following Q1 results.
    Southw

  • [By Paul Ausick]

    New Gold Inc. (NYSEAMERICAN: NGD) dropped about 2.9% Monday to post a new 52-week low of $2.35. Shares closed at $2.42 on Friday and the stock’s 52-week high is $4.25. Volume was about 10% below the daily average of around 5.8 million shares. The gold mining company had no news.

  • [By Paul Ausick]

    New Gold Inc. (NYSE: NGD) dropped about 4.7% Friday to post a new 52-week low of $2.05. Shares closed at $2.15 on Thursday and the stock’s 52-week high is $4.25. Volume was about 50% higher than the daily average of 4.2 million. The junior gold miner had no specific news.

Top 5 Gold Stocks To Own Right Now: Northgate Minerals Corporation(NXG)


Advisors’ Opinion:

  • [By Shane Hupp]

    Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).

Top 5 Gold Stocks To Own Right Now: Orezone Gold Corp (ORE)


Advisors’ Opinion:

  • [By Jim Robertson]

    Finally, Richard Seville, the CEO of Brisbane-based Orocobre Ltd (ASX: ORE) which began lithium sales in 2015 from northern Argentina and also experienced difficulty boosting output, commented that an inability to access traditional funds has delayed the development of the sector and that these projects arent easy — so the banks just dont want to go there.

  • [By Peter Graham]

    Sandstorms due diligence is thorough, they dont just invest in any company. They like West Africa because they understand the area and the opportunities that exist there. Sandstorm is a royalty and streaming company, so they make these investments and receive cashflow deals that often kick in much later on. But they have already established a presence in Burkina and have deals in place with larger companies like Orezone Gold (TSXV: ORE) and Endeavour Mining (TSX: EDV). Sandstorms investment also potentially gives us access to their marketing department through something they call Launch Lab, and it looks like it will really benefit our own marketing efforts and will expose us to more opportunities over the coming year.

  • [By Stephan Byrd]

    Galactrum (ORE) is a PoW/PoS coin that uses the
    Lyra2RE hashing algorithm. It launched on November 11th, 2017. Galactrum’s total supply is 2,092,679 coins and its circulating supply is 1,372,679 coins. Galactrum’s official Twitter account is @galactrum. Galactrum’s official website is galactrum.org.

Top 5 Gold Stocks To Own Right Now: CME Group Inc.(CME)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Massachusetts Financial Services Co. MA cut its position in shares of CME Group (NASDAQ:CME) by 1.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 445,259 shares of the financial services provider’s stock after selling 7,975 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.13% of CME Group worth $72,016,000 as of its most recent filing with the SEC.

  • [By ]

    CME Group (Nasdaq: CME) is the world’s largest and most diverse futures exchange group, operating in four segments — the Chicago Mercantile Exchange, the Chicago Board of Trade, the New York Mercantile Exchange and the Commodity Exchange.

  • [By Joseph Griffin]

    Cashme (CURRENCY:CME) traded 8.3% higher against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on April 22nd. During the last seven days, Cashme has traded up 0.8% against the U.S. dollar. One Cashme coin can now be purchased for about $0.0003 or 0.00000003 BTC on popular exchanges. Cashme has a market capitalization of $0.00 and $505.00 worth of Cashme was traded on exchanges in the last day.

  • [By Money Morning Staff Reports]

    Bitcoin prices slumped under $6,000 per coin on a day when futures contracts expired at CME Group Inc. (NYSE: CME).

    But despite the recent downturn, many cryptocurrency bulls expect that institutional investors will pour into the market.

  • [By ]

    My pick this week has created a faster, more centralized marketplace for bond traders… and it’s led by a guy who once worked the trading floors of the Chicago Mercantile Exchange (CME). Better yet, recently passed regulations could force traders’ hands in joining this new system.

  • [By Joseph Griffin]

    TRADEMARK VIOLATION WARNING: “Q1 2018 EPS Estimates for CME Group Lifted by Analyst (CME)” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at www.tickerreport.com/banking-finance/3350609/q1-2018-eps-estimates-for-cme-group-lifted-by-analyst-cme.html.

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