Agnico Eagle(AEM)

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2 Overrated And 2 Underrated Dividend Stocks
Seeking Alpha· 2024-08-27 21:13
Core Viewpoint - Investing in dividend stocks is favored due to their consistent cash returns to shareholders, indicating disciplined capital allocation and potentially higher returns on invested capital [1] Group 1: Overrated Dividend Stocks - Main Street Capital (MAIN) is identified as overvalued, trading at a price-to-book value of 1.65 times, which is a 65% premium to its underlying assets [2][3] - Historical price-to-book value for MAIN averages 1.49 times, with significant dips during market downturns indicating potential for over 50% price decline without NAV changes [3] - Earnings per share for MAIN are expected to decline at a 4.6% CAGR through 2026, limiting dividend growth despite a current 7% yield [3] Group 2: Underrated Dividend Stocks - Golub Capital BDC (GBDC) is considered undervalued, with an 11% dividend yield and a more defensively positioned investment portfolio compared to MAIN [4] - GBDC has a leverage ratio around one and a lower expense ratio of 3.71%, making it competitive against MAIN's 3.62% [4] - GBDC is trading at a 2% discount to NAV, presenting a compelling investment opportunity relative to its peers [4] Group 3: Mining Stocks - Agnico Eagle Mines Limited (AEM) is viewed as overrated, trading at a 65% premium to its analyst consensus NAV per share, indicating overvaluation [5] - Barrick Gold (GOLD) is seen as undervalued, trading at one time its NAV, with a five-year average of 1.2 times, suggesting upside potential [6] - GOLD has a strong balance sheet and a promising copper growth profile, making it a more attractive investment compared to AEM [6] Group 4: Investor Insights - Quality in investments is crucial, but focusing solely on quality without considering valuation can lead to missed opportunities [7] - Companies like GBDC and GOLD are highlighted as undervalued, offering attractive long-term investment potential despite being underappreciated by the market [7]
AEM vs. AGI: Which Stock Is the Better Value Option?
ZACKS· 2024-08-23 16:41
Investors looking for stocks in the Mining - Gold sector might want to consider either Agnico Eagle Mines (AEM) or Alamos Gold (AGI) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisio ...
Is Agnico (AEM) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-08-20 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...
Agnico (AEM) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-08-20 17:00
Agnico Eagle Mines (AEM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Ind ...
Wall Street Bulls Look Optimistic About Agnico (AEM): Should You Buy?
ZACKS· 2024-08-20 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Agnico Eagle Mines (AEM) .Agnico currently has an average brokera ...
7 Stocks to Protect Your Wealth in These Turbulent Times
Investor Place· 2024-08-16 11:25
Whether current turmoil is a correction or a stock market crash there are stocks that investors should consider to protect their wealth. The current turbulence facing the markets is partially due to inflation. Thus, it makes sense to protect one’s investment against the risks of inflation. A lot of the rationale for hedging against inflation also applies to protecting portfolios against downside risk; precious metals, commodities, REITs, and other forms of diversification are smart strategies.Aside from inf ...
Gold Approaches Record High: 3 Mining Stocks to Buy Now
ZACKS· 2024-08-15 18:55
The price of gold hovers just below its all-time high, capturing the attention of investors as it again tests record levels.The idea of investing in gold can elicit a wide range of responses from people, from strong vitriol to deep praise. You have the gold bugs on one end, whose portfolios are dominated by the yellow metal, and on the other end you have investing purists, who claim because it has no earnings, it has no place in their portfolio. As with most things in life and investing, the truth lies some ...
AEM vs. AGI: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-08-07 16:40
Investors with an interest in Mining - Gold stocks have likely encountered both Agnico Eagle Mines (AEM) and Alamos Gold (AGI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scor ...
Time to Buy Stock in These Top Gold Miners as Markets Fall
ZACKS· 2024-08-03 00:30
Investors may turn their attention to gold amid heightened market volatility with Friday’s jobs report showing the US labor force cooled while the unemployment rate rose to 4.3%, its highest peak since 2021.With gold often sought out for defensive safety during economic uncertainty it's noteworthy that the Zacks Mining-Gold Industry is currently in the top 22% of over 250 Zacks industries. That said, here are three of these top gold mining stocks to consider at the moment.Agnico Eagle Mines (AEM) Zacks Rank ...
Is It Worth Investing in Agnico (AEM) Based on Wall Street's Bullish Views?
ZACKS· 2024-08-02 14:32
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?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Agnico Eagle Mines (AEM) .Agnico currently has an average brokerage recomm ...