AngloGold Ashanti (AU) stock closed at $47.66, up 1.3% from the previous session, outperforming the S&P 500. Analysts expect earnings of $1.31 per share, with a 118.33% year-over-year growth projection. The Zacks Rank system rates AU as a #1 (Strong Buy), with a Forward P/E ratio of 9.44, showing potential for growth in the Mining – Gold industry.
Zacks experts have identified 5 stocks poised to double in value, including disruptive forces with strong growth potential. These picks offer an opportunity to enter early, with previous recommendations showing significant gains. Investors can access the full report for free to capitalize on these promising opportunities.
For more in-depth analysis and stock insights, investors can access the Zacks Investment Research platform, providing detailed reports and recommendations for the top-performing stocks. Stay informed about market trends and potential investment opportunities by utilizing the resources available on Zacks.com.
Read more at Nasdaq: Why the Market Dipped But AngloGold Ashanti (AU) Gained Today