The Zacks Analyst Blog Highlights: AngloGold Ashanti, Gold Fields, Royal Gold, Motorola Solutions and Verizon Wireless.
CHICAGO, Oct. 28, 2011 /PRNewswire/ — Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: AngloGold Ashanti (NYSE: AU), Gold Fields (NYSE: GFI) Royal Gold (Nasdaq: RGLD), Motorola Solutions Inc. (NYSE: MSI) and Verizon Wireless (NYSE: VZ).
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Here are highlights from Thursday’s Analyst Blog:
Trading #1 Gold Stocks
If you don’t own any gold stocks, you might want to consider picking one or two. While the price of the barbarous yellow relic itself is driven by meaningful global trends in asset and monetary diversification, its swings will be volatile to trade.
Buying and trading solid miners with earnings momentum may be the best exposure to the long-term trend. But I want to consider three smaller names with more earnings momentum and thus more potential upside…
AngloGold Ashanti (NYSE: AU) is a $17 billion producer who claims to be one of the largest at 7 million ounces per year and holding reserves of 126 million. The company has operations in six countries on three continents, some of which are joint ventures, as well as exploration activities in ten countries. With a forward multiple of 13 times, it’s projected to grow earnings at 60% this year and 66% in 2012. They report November 4.
Gold Fields (NYSE: GFI), a $12 billion miner, is one of the world’s largest unhedged gold producers with operating mines in South Africa, Ghana, and Australia. Coming off of 155% projected EPS growth this year, they are expected to grow profits by 57% in 2012. The company is expected to report earnings on Nov 10 and is also sporting forward P/E ratio of 13.
Royal Gold (Nasdaq: RGLD) is a $3.8 billion enterprise who characterizes its business as being “engaged in the acquisition and management of precious metals royalties. They seek to acquire existing royalties or to finance projects that are in production or near production in exchange for royalty interests.” With a 32 forward multiple, the company is predicted to grow EPS by 65% in 2011 and next year’s estimates call for 19% growth. They report Nov 3.
My favorite in the bunch is GFI. I recommended it here back in July at $15.50 when gold was just breaching $1,600 for the first time ever.
GOLD is slipping below $110 today, after trying to make another run at its all-time high near $115. Yet, more proof that there are lots of good opportunities trading the miners with solid earnings momentum.
Motorola Solutions Outperforms in 3Q
Motorola Solutions Inc. (NYSE: MSI) reported excellent financial results in the third quarter of 2011 with both the top line and bottom line exceeding the Zacks Consensus Estimates. The solid performance was mainly on the back of solid demand across both Government and Enterprise segments.
Motorola Solutions is the largest developer of the public safety products commanding nearly half of the total U.S market. The company recently entered into an agreement with Verizon Wireless (NYSE: VZ) to install a standard-based public safety broadband network for mission-critical operations leveraging on the nationwide LTE network of Verizon.
We thus maintain our long-term Outperform recommendation on Motorola Solutions Inc. Currently, Motorola Solutions Inc. has a Zacks #1 Rank, implying a short-term Strong Buy rating on the stock.
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