Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.

With a robust portfolio of growth projects, solid financial health and a healthy growth trajectory, Newmont (NEM) presents a compelling investment case for those looking to capitalize on favorable gold market conditions.

While the investment vehicle might seem anachronistic in the current paradigm of artificial intelligence and other advanced technologies, gold stocks also present a compelling and relevant solution. Because precious metals command intrinsic value, they represent an excellent inflation hedge.

Growth stocks may not be the first thing on your mind right now, and I get it. Most growth plays are tied to tech or software, sectors that have faced immense pressure amid recession fears and a brutal tech selloff sparked by Big Tech's disappointing results.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Newmont Co. NYSE: NEM is the world's largest gold mining company. The company engages in the exploration, development, and production of not only gold but also copper, silvers, zinc, lead, lithium, coal, nickel, and aggregates.

As of Aug 2, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

An undeniable fact about equities is that it always remains in a long-term uptrend. In the last ten years, the S&P 500 Index has delivered total returns at a CAGR of 12.75%.

If all the major news agencies have their fingers on the pulse of monetary policy, it's coming – interest rate cuts, that is. According to The Wall Street Journal, Federal Reserve officials will meet soon to discuss a potential September reduction in the benchmark interest rate.

Right now is a very exciting time for long term stocks. At least it is in the commodities space.

SPOT, NEM, and KREF made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 30, 2024.

CVNA, BTG, NEM, SKIL and SPOT have been added to the Zacks Rank #1 (Strong Buy) List on July 30, 2024.