Newmont Corporation (NYSE:NEM) is considered one of the best NYSE stocks to buy and hold for the next decade. Analysts like TD Cowen’s Steven Green and Raymond James’ Brian MacArthur have maintained positive outlooks on the company, with price targets ranging from $89 to $99. Canaccord Genuity’s Carey MacRury also has a Buy rating with a price target of $115.
Newmont Corporation produces and explores gold properties, as well as other metals like copper, silver, zinc, and lead. While NEM is seen as a strong investment, some believe that certain AI stocks offer greater upside potential and less downside risk. For those looking for an undervalued AI stock, there are recommendations in a free report available.
If you’re interested in other potential investment opportunities, consider looking at stocks that are projected to double in three years or hidden AI stocks that are worth buying now. This article was originally published on Insider Monkey’s website.
Read more at Yahoo Finance: Is Newmont (NEM) One of the Best NYSE Stocks to Buy and Hold for the Next Decade?
