Don Hansen: Gold Stock Bull Phase Coming – 4 Picks for Current Cycle
As we enter into the next phase of the market cycle, there is increased optimism and interest in gold stocks. Don Hansen, a respected analyst in the precious metals sector, has made some interesting picks for investors looking to capitalize on the potential upcoming bull phase in gold stocks. Let’s take a closer look at these four picks recommended by Don Hansen.
1. Barrick Gold Corporation (NYSE: GOLD)
Starting off the list is Barrick Gold Corporation, one of the largest gold mining companies in the world. With a strong portfolio of assets and a focus on operational efficiency, Barrick Gold is well positioned to benefit from a rise in gold prices. Investors looking for a stable and established gold stock may find Barrick Gold Corporation to be a compelling option.
2. Agnico Eagle Mines Limited (NYSE: AEM)
Agnico Eagle Mines Limited is another top pick by Don Hansen for the current cycle. This Canadian-based gold producer has a history of delivering consistent results and has a strong track record of operational excellence. With a diversified portfolio of mines located in mining-friendly jurisdictions, Agnico Eagle Mines Limited offers investors exposure to both gold and silver production.
3. Franco-Nevada Corporation (NYSE: FNV)
For investors seeking a unique way to play the gold market, Franco-Nevada Corporation is an intriguing choice. Franco-Nevada is a royalty and streaming company, meaning it finances mining projects in exchange for a share of the future production. This business model provides investors with exposure to the precious metals sector while potentially reducing some of the risks associated with traditional mining companies.
4. Wheaton Precious Metals Corp. (NYSE: WPM)
Rounding out the list is Wheaton Precious Metals Corp., another royalty and streaming company with a focus on precious metals. Wheaton Precious Metals offers investors a diversified portfolio of high-quality assets and provides exposure to gold, silver, and other precious metals. With a strong balance sheet and a history of delivering value to shareholders, Wheaton Precious Metals is a solid choice for investors looking to gain exposure to the precious metals sector.
In conclusion, Don Hansen’s picks for the upcoming gold stock bull phase offer investors a variety of options to consider. Whether you prefer traditional gold mining companies like Barrick Gold Corporation and Agnico Eagle Mines Limited, or are interested in the royalty and streaming model with Franco-Nevada Corporation and Wheaton Precious Metals Corp., there are opportunities for investors to profit from the potential growth in the gold sector. As always, it is important for investors to conduct their own research and consider their individual investment goals before making any decisions.
