"Goldcorp (GG) recently posted very solid results; but even more important, is the powerful pipeline of major projects," notes resource expert Adrian Day.

The editor of The Global Analyst continues, "Indeed, a major expansion at a planned mine development will benefit not only Goldcorp, but another one of our recommended holdings, Canada's Virginia Mines (VGQ).

"At Goldcorp, the expansion of its major projects will, in aggregate, boost the company's output about 70% by 2015. In addition to the successful ramp-up at Penasquito, and ongoing construction at Pueblo Viejo in the Dominican Republican, the company announced significant improvements at a major project.

Continue reading Gold Buys: Goldcorp (GG) and Virginia Mines (VGQ)

Gold Buys: Goldcorp (GG) and Virginia Mines (VGQ) originally appeared on BloggingStocks on Mon, 14 Mar 2011 13:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Wells Fargo (WFC) to conviction buy from neutral at Goldman.
• Adobe (ADBE) to buy from neutral at UBS.
• Fifth Third Bancorp (FITB) to outperform from market perform at FBR Capital.
• Vail Resorts (MTN) and Goldcorp (GG) to buy from hold at Deutsche Bank.
• OmniVision (OVTI) to overweight from neutral at JPMorgan.
• Penn Virginia (PVA) to hold from sell at Canaccord.
• Hub Group (HUBG) to outperform from market perform at Morgan Keegan.

Continue reading Analyst Calls: ADBE, AOL, CAT, CSTR, FITB, GG, GPS, MDAS, RIG, WFC ...

Analyst Calls: ADBE, AOL, CAT, CSTR, FITB, GG, GPS, MDAS, RIG, WFC ... originally appeared on BloggingStocks on Fri, 25 Feb 2011 11:30:00 EST. Please see our terms for use of feeds.

This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"Gold was the hot topic in 2010. Since the underlying factors that pushed prices to new highs have not changed, I expect my long held target of $1,600 gold will be realized in 2011," says resource stock specialist Curtis Hesler.

The editor of The Professional Timing Service explains, "In fact, I expect that upside target of $1,600 will be woefully short of the mark. And my favorite gold stock for 2011 is Goldcorp (GG).

Continue reading Top Picks 2011: Goldcorp (GG)

Top Picks 2011: Goldcorp (GG) originally appeared on BloggingStocks on Tue, 04 Jan 2011 15:00:00 EST. Please see our terms for use of feeds.

"Gold has most likely put in its lows for the current correction. We are now well-positioned to profit from the anticipated move and will look to be fully allocated on a move above $1,220," says metals sector specialist Jason Hamlin.

The editor of Gold Stock Bull explains, "Gold stocks are on sale at the moment and have explosive potential if this year ends as expected. As such, I've made a new addition to our portfolio, Goldcorp (GG), a company that I believe to be best-in-breed among major producers.

Continue reading GoldCorp (GG): 'Best in Breed' in Gold Miners

GoldCorp (GG): 'Best in Breed' in Gold Miners originally appeared on BloggingStocks on Mon, 02 Aug 2010 13:00:00 EST. Please see our terms for use of feeds.

Where should you invest in 2010?" asks resources sector expert Curtis Hesler, who suggests, "Preferably, you should stick to the heart of the matter and focus on crude oil and gold.".

In his top-ranked The Professional Timing Service, he explains, "Invest in assets that promise to increase in price as the dollar falls; this will insulate your portfolio from the damage that the ongoing deleveraging process will bring to the stock market and to other paper assets."

Continue reading Resource Sector Expert Sticks with Gold and Oil

Resource Sector Expert Sticks with Gold and Oil originally appeared on BloggingStocks on Thu, 04 Feb 2010 10:40:00 EST. Please see our terms for use of feeds.

Toyota Motor (TM) closed at $86.78. TM announced that it is instructing Toyota dealers to temporarily suspend sales of eight models involved in the recall for sticking accelerator pedal, announced on Jan. 21, 2010. Overall option implied volatility of 27 is near its 26-week average of 27, according to Track Data, suggesting non-directional price movement.

Goldcorp (GG) a gold producer with 100% of its production unhedged, closed at $36.21. Gold is recently down .17% to $1097.60, according to Bloomberg. GG February option implied volatility is at 42, March and July is at 44; below its 26-week average of 46, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Toyota Motor Volatility Flat into Sales Halt of Eight Models originally appeared on BloggingStocks on Wed, 27 Jan 2010 08:40:00 EST. Please see our terms for use of feeds.

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

Curtis Hesler has accurately forecast both the longer-term uptrend in metals as well as the more recent pullback in gold. But he believes the setback will be temporary.

In his The Professional Timing Service, he suggests, "It is time to focus on upcoming buying opportunities in precious metals." Here, he looks at Goldcorp (GG) as his top pick for 2010.

Continue reading Top Picks for 2010: Goldcorp (GG)

Top Picks for 2010: Goldcorp (GG) originally appeared on BloggingStocks on Fri, 08 Jan 2010 10:00:00 EST. Please see our terms for use of feeds.

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

"Virginia Mines (VGQ), a Toronto exchange-listed company, remains my favorite gold exploration play," says resource expert Adrian Day.

In choosing the stock as his top pick for 2010, the editor of The Global Analyst explains, "The company has a successful track record, top management and a super-strong balance."

Continue reading Top Picks for 2010: Virginia Mines (VGQ)

Top Picks for 2010: Virginia Mines (VGQ) originally appeared on BloggingStocks on Mon, 04 Jan 2010 14:00:00 EST. Please see our terms for use of feeds.

Continue reading Some big names setting new highs today: STAR, GG, PIR, EBAY

Some big names setting new highs today: STAR, GG, PIR, EBAY originally appeared on BloggingStocks on Tue, 13 Oct 2009 17:45:00 EST. Please see our terms for use of feeds.

Imagine what happens to gold mining stocks if gold were to trade for less than $500 per ounce? It would not be pretty. These stocks are priced to perfection and beyond. That is why they should be sold.

Add Goldcorp Inc. (NYSE: GG) to the list of overvalued gold miners. At $40 per share, GG now trades within spitting distance of previous highs.

Those highs were attained at the end of an expansionary period, not at the beginning.

Continue reading Gold stock to sell #4: Goldcorp (GG)

Gold stock to sell #4: Goldcorp (GG) originally appeared on BloggingStocks on Sun, 13 Sep 2009 11:00:00 EST. Please see our terms for use of feeds.

Gold at $1,000. Better buy now or you will miss the greatest invention since tulips in the 1800s.

Or so they say. I say, what a bunch of baloney. Why on earth would I want to put hard-earned cash on something that may look pretty but has no real tangible value?

That's right, gold has no tangible value. Well, that's not entirely true since there is a vast cult of worshipers out there that say gold is the only thing with value. As a result of their die-hard belief, gold actually does have value, as we now see with AU trading for $1,000 per ounce.

Continue reading Gold is losing its shine: Five to sell now

Gold is losing its shine: Five to sell now originally appeared on BloggingStocks on Sat, 12 Sep 2009 09:00:00 EST. Please see our terms for use of feeds.

Goldcorp (NYSE: GG), a gold producer with 100% of its production unhedged, closed at $39.76. Gold is recently up .85% to $986.80 according to Bloomberg. GG September option implied volatility is at 51, October is at 50; below its 26-week average of 55, according to Track Data, suggesting decreasing price movement.

CBOE Volatility Index S&P 500 Options-VIX closed at 28.90. VIX September 27.5 straddle is priced at $4.25, September 25 straddle is priced at $7.10, November 27.5 straddle is priced at $7.50; according to Track Data.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Goldcorp puts active on low volatility; gold above $986 originally appeared on BloggingStocks on Thu, 03 Sep 2009 09:00:00 EST. Please see our terms for use of feeds.

"Gold has yet to take off in true bull market fashion, but its chart suggests that it's coming," says Mary Anne and Pamela Aden.

In their top-notch The Aden Forecast, the resource experts discuss the outlook for gold as well as some of their favorite mining stocks for investors to consider.

"Considering that the Summer months tend to be slow months, we could still see some short-term weakness.

"More important, however, is the bigger picture as gold is poised to rise during the second half of the year." Here, they discuss their outlook and some favorite ming stocks.

Continue reading The Aden sisters: Resource experts on gold

The Aden sisters: Resource experts on gold originally appeared on BloggingStocks on Mon, 27 Jul 2009 11:00:00 EST. Please see our terms for use of feeds.

Goldcorp Inc. (NYSE: GG) shares turned lower this morning after the company announced a $750 million offering of convertible senior notes due 2014. The commodity issue said that proceeds from the offering will be used to repay outstanding debt under its revolving term credit facility, with any remaining funds to be applied toward general corporate purposes.

Despite today's drop, GG shares have blazed an impressive path higher during the past month. Since finding a floor near the $27 level in late April, the stock has added 48.7%.

Continue reading High-flying Goldcorp pulls back after launching $750 million note offering

High-flying Goldcorp pulls back after launching $750 million note offering originally appeared on BloggingStocks on Mon, 01 Jun 2009 11:20:00 EST. Please see our terms for use of feeds.

Mary Anne and Pamela Aden are among the advisory world's top authorities on metals and resources.

In a recent Q&A session, the editors of The Aden Forecast answer the most common questions that they are asked by readers as to the current state and future outlook for the precious metals markets.

In addition, the sisters answer what they say is the most frequent question they receive: "What is the best way to buy gold." Here, they offer a review of five strategies for investing in gold, including their top picks among stocks, closed-end funds and ETFs.

Continue reading How to invest in gold: Q&A with the Adens

How to invest in gold: Q&A with the Adens originally appeared on BloggingStocks on Fri, 29 May 2009 11:00:00 EST. Please see our terms for use of feeds.

"I think they will rush to commodity-based assets because of the serious underinvestment phase the commodity sector is involved in now. This will lead to shortages and very high prices down the road in all commodities.

"Once the dollar begins to roll over, gold will be an instant benefactor. It is already looking stronger in my technical work, and it is time that investors should have gold in their portfolios. I still recommend that you put new money into the major gold miners only.

"We are approaching an interesting seasonal period for gold. Years ago, the Stock Trader's Almanac used to specify a seasonal trade in gold.

"Their study showed that if you bought ASA Ltd. (NYSE: ASA) at its low in November and sold it at its high in the first quarter of the next year, you would have averaged a gain of 87.8%.

Continue reading Thanksgiving pattern: A seasonal low for gold?

Thanksgiving pattern: A seasonal low for gold? originally appeared on BloggingStocks on Fri, 28 Nov 2008 13:45:00 EST. Please see our terms for use of feeds.

"There's no question these are dangerous times and the financial world is in uncharted waters," caution resource experts Mary Anne and Pamela Aden.

In The Aden Forecast, the sisters offer an exceptional in-depth discussion on inflationary vs. deflationary foreces, their outlook for precious metals, and their top gold and silver positions for long-term investors.

"The global financial system is on very thin ice, teetering on collapse. Global central banks clearly are literally pulling out all the stops to revive lending and the world economy.

"Will these efforts work? Will they be enough? Those are the most important unanswered questions of the day and only time will tell, but we should know much more in the critical month or so ahead. Why?

"The Fed is spending money at an astronomical rate. It's creating this money out of thin air by monetizing bad debts and whatever else it has to. Remember, this is on top of all the other ongoing government expenses and it's extremely inflationary.

"Normally, there is a lag of about a year or so between money creation and inflation but eventually, what's recently happened will result in massive inflation, a much lower U.S. dollar and a soaring gold price.

"The bottom line is this, if the banks start to lend again, then the economy will be on the road to recovery and inflation. But we know the banks are scared and they're being extremely cautious, for good reason.

Continue reading Deflation or hyper-inflation? Gold or bonds?

Deflation or hyper-inflation? Gold or bonds? originally appeared on BloggingStocks on Fri, 07 Nov 2008 15:40:00 EST. Please see our terms for use of feeds.

"People want to own more gold when there's a perception of growing global economic and political turmoil," explain resource experts Roger Conrad and Yiannis Mostrous.

In their Vital Resource Investor, the advisor offer their long-term bullish assessment for gold as well their favorite gold mining stock: "Goldcorp (NYSE: GG).

"Every commodity bull market eventually ends when consumers permanently reduce demand with conservation and switch to alternatives, and the producers ultimately over-expand. This, however, only happens over a period of many years.

"To be sure, we've seen demand in the US drop for many vital resources, from copper to energy, as the economy has slowed. Demand from developing nations, however, remains entrenched by necessity, as these suddenly more affluent nations struggle to upgrade their vital infrastructure.

"And although we may see Chinese economic growth slow from its current off-the-chart 10% rate, that country will still face critical needs to build out its cities to meet the millions of new migrants that come every year. And that's a huge call on raw materials.

Continue reading GoldCorp (GG): 'Our favorite major'

GoldCorp (GG): 'Our favorite major' originally appeared on BloggingStocks on Fri, 05 Sep 2008 13:30:00 EST. Please see our terms for use of feeds.

When gold was trading above $1,000 an ounce, Curtis Hesler reversed his buy signal and fortuitously warned of a seasonal pullback expected over the summer.

In his The Professional Timing Service, he stated, "Gold should settle into the cyclical and seasonal lows due in early August. Although you will hear plenty of bearish arguments as gold prices pull back, weakness will be a buying opportunity."

He now explains, "I don't think there is much left on downside for the mining shares. We will likely see the miners firm up and begin to rally before the bullion. My adice is to hold tight and exploit the fear.

"This weakness presents a final opportunity before the late summer and early fall strength returns to precious metals. The coast is clearing for gold to advance to new highs by October when its next seasonal high is due.

"Longer-term, I can't help but wonder if gold isn't anticipating the next break in the dollar. We all should be thinking about the trillions of dollars in U.S. government unfunded liabilities for Medicare, Social Security, pensions, etc. There's going to be a tsunami of dollars printed to cover all of that.

"At the top of my buy list is Kinross (NYSE: KGC). Yamana (NYSE: AUY) is an excellent diversification in the precious metals sector. Also among my favorites is Goldcorp (NYSE: GG)."

Each day, Steven Halpern's TheStockAdvisors.com offers the latest market commentary and favorite investment ideas from the nation's leading financial newsletter advisors.

Gold cycle: Seasonal low is due originally appeared on BloggingStocks on Fri, 15 Aug 2008 10:00:00 EST. Please see our terms for use of feeds.

In his Vital Resource Investor, he adds, "Indeed, gold has held its value for millenia. An ounce of gold still buys a quality men's suit, just as it did in the days of ancient Greece." Here, he reviews a trio of ideas, each for investors with various levels of risk tolerance.

Mostrous explains, "To date, Americans have never had to experience the society-wrenching events that have affected much of the world for centuries. But most of the globe's population hasn't forgotten the value of gold in times of extreme strife and social turmoil.

"And with incomes rising in many of these countries, beneficiaries have used their newfound savings to beef up their holdings. That's a trend with serious legs, particularly as Asia continues to grow.

"Then there's inflation, the ultimate debaser of all paper currencies. Despite surging energy and food prices, core inflation remains at elevated -- but still relatively moderate -- levels in most of the developed world.

"Developing world inflation, however, is a far different story. And many countries have seen sharp price acceleration across the board, including China.

Continue reading 'Vital' buys: A trio of gold favorites

'Vital' buys: A trio of gold favorites originally appeared on BloggingStocks on Tue, 22 Jul 2008 13:32:00 EST. Please see our terms for use of feeds.