HaleyZhao

Kirkland Lake Gold KL: Buy at $57.79 Profit Target at $69.47

Pembelian
NYSE:KL   None
What can you do when the market is potentially turning bearish? A lookout for commodities that mines Gold/Silver/Gems might be a great hedge. KL is one of these hedges that could be done with a specialty in gold mining in Canada and Australia. The earnings and sales are amazing with both over the minimum 25% growth quarter over quarter. Fidelity Contrafund owns this stock, which gives even more reason to buy if it hits a breakout point. There is also a potential buy $55 but that is risky because the stock might go into weeks of base building. When buying a stock it is always nicer to have something that is easy to hold...something that meets your expectation that is going up and up without the need to watch the 5 minute hourly or even the daily chart. The moving averages are great with both of them trending upwards. Sales and EPS are below

Sales:
Dec-19: +47%
Mar-20: +82%
Jun-20: +107%

Yearly EPS:
2017: .75
2018: 1.34
2019: 2.72
2020: 3.35
2021: 4.12

A potential position to watch for your portfolio.

Learn more on Stocks Over Coffee Podcast

All ideas are for information purposes only. I may or may not invest in the stocks discussed.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.