Thursday, October 20, 2011

7 Gold Stocks to Buy Now

Gold prices have rolled back from a record high of $1,900 earlier this year,
but the uncertainty in Europe and inflationary pressures could drive the
precious metal higher. Besides, though gold prices have rolled back, they are
still up 20% in the last 12 months a much better performance than the broader
stock market. I watch more than 5,000 publicly traded companies with my
Portfolio Grader tool, ranking companies by a number of fundamental and
quantitative measures. And this week, Ive got 9 gold stocks to buy now. Here
they are, in alphabetical order. Each one of these stocks gets an "A" or
"B" according to my research, meaning it is a "strong buy" or "buy."
IAMGOLD Corp. (NYSE: IAG ) is a global explorer, developer and producer of
mineral resource properties. IAG stock rounds out this list with a year-to-date
gain of 14%. Minefinders Corp. (AMEX: MFN ) explores, develops and mines
precious and base metal properties. Year-to-date, MFN has impressed experts with
a gain of 18%. New Gold Inc. (AMEX: NGD ) is an intermediate gold producer with
assets in the United States, Mexico, Australia, Canada and Chile. Since the
start of 2011, a 9% gain for NGD stock has left shareholders pleased. Newmont
Mining Corp. (NYSE: NEM ) is a gold producer working in North America, South
America, Africa and Asia. NEM stock has gained 7%, year-to-date. Randgold
Resources (NASDAQ: GOLD ) operates mostly in Africa and is involved with gold
mining and exploration. GOLD stock has climbed an impressive 20%, year-to-date,
amidst a volatile economic landscape. Royal Gold Inc. (NASDAQ: RGLD ) acquires
and manages precious metals royalties and other interests. RGLD stock has jumped
more than 15%, year-to-date, despite a down economy. Yamana Gold Inc. (NASDAQ:
AUY ) is involved with gold production and owns gold development stage
properties, exploration properties, and land positions in Brazil. AUY stock has
gained 11%, year-to-date, compared to a .6% drop for the Dow Jones. Get more
analysis of these picks and other publicly-traded stocks with Louis
Navellier's Portfolio Grader tool, a 100% free stock-rating tool that measures
both quantitative buying pressure and eight fundamental factors.

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