Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

Recs

0

4-Star Stocks Poised to Pop: Agnico-Eagle Mines

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, gold producer Agnico-Eagle Mines (NYSE: AEM  ) has earned a respected four-star ranking.

With that in mind, let's take a closer look at Agnico-Eagle's business and see what CAPS investors are saying about the stock right now.

Agnico-Eagle facts

Headquarters (Founded) Toronto, Canada (1953)
Market Cap $13.8 billion
Industry Gold
Trailing-12-Month Revenue $1.68 billion
Management

CEO Sean Boyd (since 1998)

CFO Ammar Al-Joundi (since 2010)

Return on Equity (Average, Past 3 Years) 6.3%
Cash/Debt $236.07 million / $611.24 million
Dividend Yield 1.0%
Competitors

Barrick Gold (NYSE: ABX  )

Newmont Mining (NYSE: NEM  )

Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.

On CAPS, 93% of the 1,200 members who have rated Agnico-Eagle believe the stock will outperform the S&P 500 going forward. These bulls include robertshrestha and yragca.  

Earlier this week , robertshrestha listed several of Agnico-Eagle's positives: "Big growth over past few years, reliable management, operates in 'friendly' countries, great hedge against current market nastiness. What's not to like?!"

Over the past five years, in fact, Agnico-Eagle has grown its top line at a whopping rate of 37% annually. That's much faster than industry peers like AngloGold Ashanti (NYSE: AU  ) (18.9%), Barrick (24.3%), and Newmont (15.5%).

CAPS member yragca elaborates on the bull case:

The Fed and most central banks in the world are depreciating their currencies as quickly as they can. Gold will be the winner from all of this. And while gold may be somewhat fairly priced, though likely to still rise, gold miners stocks are priced for gold around $1250. These stocks will do great. AEM is well positioned among Gold Miners. And the world is in such chaos today (see Syria, Israel/Palestine, potential trade wars, will there be a Euro?,etc) that the likelihood of an unexpected negative event is higher than normal. Gold, and gold miners, will benefit if that were to occur.

What do you think about Agnico-Eagle, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!

Interested in another easy way to track Agnico-Eagle? Add it to your watchlist.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Try any of our Foolish newsletter services free for 30 days

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

DocumentId: 1558298, ~/Articles/ArticleHandler.aspx, 5/28/2012 3:17:42 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 days ago Sponsored by:
DOW 12,454.83 -74.92 -0.60%
S&P 500 1,317.82 -2.86 -0.22%
NASD 2,837.53 -1.85 -0.07%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/25/2012 4:00 PM
AEM $39.79 Up +0.17 +0.43%
Agnico-Eagle Mines… CAPS Rating: ***
NEM $48.82 Up +0.19 +0.39%
Newmont Mining Cor… CAPS Rating: ***
AU $36.18 Down -0.24 -0.66%
AngloGold Ashanti… CAPS Rating: **
ABX $40.00 Up +0.49 +1.24%
Barrick Gold Corp… CAPS Rating: ***

Advertisement