With 2012 just beginning, now's a great time to gauge how the stocks you're interested in are likely to do this year and beyond. By knowing what stock analysts and fellow investors expect from a stock, you'll be smarter about whether you should buy it for your portfolio -- or sell it if you already own it.
Today, let's take a look at North American Palladium
Forecasts for North American Palladium
|Median Target Stock Price||$4.69|
|2011 EPS Estimate||($0.08)|
|2012 EPS Estimate||$0.14|
|Expected Annual Earnings Growth, Next 5 Years||50%|
Source: Yahoo! Finance.
What will 2012 look like for North American Palladium?
Both analysts and investors have high expectations for North American Palladium. The target price for the stock is more than 50% higher than current levels, and a growth rate of 50% is a lot to expect. However, boosting production at its Sleeping Giant gold mine and its Lac des Iles palladium mine could help it meet those expectations -- especially if palladium resumes its upward climb.
Palladium's future prospects depend a lot on the car industry, and with an economic expansion, those prospects could be good. Even though Ford
As with rival Stillwater Mining
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