Previous Close | 1.2700 |
Open | 1.3900 |
Bid | 1.3300 |
Ask | 1.3700 |
Strike | 42.50 |
Expire Date | 2024-07-19 |
Day's Range | 1.3000 - 1.4500 |
Contract Range | N/A |
Volume | |
Open Interest | 3.5k |
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
With gold hitting all-time highs it's no wonder that miners like Newmont are soaring. Newmont reported a 38% jump in earnings last quarter as revenue soared 50%. When building a watchlist, IBD recommends looking for stocks with an 80 or higher RS Rating.
Newmont, a gold, silver and copper mining giant recently added to IBD Leaderboard, also pays a healthy dividend of around 3.32% annualized. Savvy investors can further enhance the return from NEM stock though the use of covered calls. According to Dow Jones Data, gold futures on Monday climbed 0.9% and made a new high of $2,433.90 an ounce.