Randgold Resources Ltd. (ADR) (NASDAQ:GOLD)

CAPS Rating: 2 out of 5

The Company is engaged in gold mining, exploration and related activities.

Recs

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Player Avatar rdizzle (25.20) Submitted: 4/14/2010 12:18:57 PM : Outperform Start Price: $81.74 GOLD Score: -10.48

I know we don’t like gold, but this stock has great fundamentals, huge growth expectations (check out its projected earnings), and it is just coming off the year low point and is now on the rise. GOLD is rated outperform and buy by all analyst. I found this stock through the stock screener by taking your advise on the P/E and ignoring it: this stock has a 90-something P/E, but like you said with Maxim, I believe it is deceptive given the times. Furthermore, GOLD has really low debt (0.00-0.03 quintile, so better than 98% of its peers), high internal ownership (67.77%), and their earnings are coming up in May; this maybe a perfect time to buy this stock. Once again, my only hesitation is that it is gold, but man this stock is very tempting and looks great.

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