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Barrick Mining (NYSE:B) has multiple positive factors in its favor that could drive the stock to outperform over the next year or two. The stock has a reasonable valuation, leaving room to the upside as the company continues
Barrick Mining: Stock Performance To Benefit From Sound Strategies
Summary
- Barrick Mining's multiple strategies can set the company up for strong multiple-year long-term growth.
- Barrick Mining is positioned for above-average double-digit revenue and earnings growth, supporting a bullish outlook.
- Barrick's business has a wide geographic footprint with operations in multiple regions throughout the world.
- A strong focus on long-term global exploration ensures a steady pipeline of new business opportunities for sustained growth.
David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The article is for informational purposes only (not a solicitation or recommendation to buy or sell stocks). David is not a registered investment adviser. Investors should do their own research or consult a financial adviser to determine what investments are appropriate for their individual situation. This article expresses my opinions, and I cannot guarantee that the information/results will be accurate. Investing in stocks involves risk and could result in losses.
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