Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any 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 ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A month or so ago at the UK Investor Show I sat on a panel with Ed of Stockopedia and Thierry the technical guru in a screens versus technicals versus fundamentals debate which you can watch here. To cut to the chase my view would be that whilst you should not close your mind off to anything the key for choosing investments for me are fundamental factors like cash flow, selected earnings indicators, the signalling around shareholder remuneration (dividends, buybacks etc) and management credibility and commentary. In short some science (balance sheet), some art (reading primary company documentation) and a slug of psychology appraising the words and actions of management.
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Comments
alcira16247
Chris
I too was nonplussed at Zacks prediction, regarding Randgold’s share price ‘collapse’.
Well, never say, never…. but I’m inclined to think your going to win the challenge as I’d be truly amazed, unless the most catastrophic of circumstances struck, that Randgold shares are going to be cheaper by the end of the year.
In fact, for numerous well publicised reasons, I’m pretty bullish on gold.
Although, more of a fan of Franco Nevada than admittedly, the excellent Rangold Resources, preferring the formers safer gold royalty & stream investment business model.
For those that may be interested:-
http://seekingalpha.com/article/3177446-franco-nevada-is-a-money-machine