Don Hansen is a well-known figure in the investment industry, with a particular interest in gold stocks. His decades-long experience in investment banking and portfolio management have afforded him a unique perspective on the rise and fall of gold stocks, and he continually demonstrates an uncanny ability to predict significant movements within this market. Hansen firmly believes that a gold stock bull phase is on the horizon, sparking investor interest worldwide. In light of this projection, he shares his top four investment picks for the upcoming cycle.
The first pick Hansen highlights is Barrick Gold Corporation. As one of the world’s largest and most successful gold mining companies, Barrick has over 30 years of operation under their belt, managing multiple high-quality assets across the globe. Hansen acknowledges the excellent record of Barrick in optimizing capital allocation and the growth in free cash flow as a major reason for providing it a top position on his gold stock list. The company is also expected to benefit greatly from the anticipated bull phase.
Hansen’s second choice is Franco-Nevada Corporation. Unlike traditional mining companies, Franco-Nevada employs a unique royalty and streaming model. As a gold-focused royalty and streaming company, they have a large, diversified portfolio of cash-generating assets. This model enables the company to limit direct mining costs, providing for more reliable revenues regardless of gold prices. Hansen perceives Franco-Nevada as a ‘safer’ investment choice.
In third place is Newmont Corporation, a multinational gold producer based out of the United States. One of the primary reasons Hansen suggests consideration for Newmont is due to its prestigious position as part of the S&P 500. This widely respected index only allows highly stable and revenue-generating companies to join its ranks, and Newmont’s inclusion is a testament to its robustness and suitability for investors seeking both growth and safety.
Lastly, Hansen bets on Kirkland Lake Gold, a mid-tier gold producer with operations in Canada and Australia. Kirkland impressively boasts some of the highest-grade gold mines in the world, resulting in high profit margins. Hansen suggests that the company’s aggressive exploration programs could unlock even more value for investors in the future, particularly in a bull market.
Hansen’s selection gives a broad spectrum of investing options, from mining giants like Barrick and Newmont to more specialized operators like Franco-Nevada and Kirkland. He believes that diversifying within the sector could be the key to maximizing returns while hedging risk as the potential bull phase approaches. Furthermore, he
