Core Holding For Stock Investors
As much as I have been bullish on IBM as a core holding for income and total return, as reiterated before last week’s positive earnings release, the SINGLE best holding for all stock investors is still Newmont Mining (NEM). Despite the recent sharp correction for gold and the miners, look at this beautiful chart over the last three years. Everytime it has a sharp pullback it is a buying opportunity, as it again is on this mornings expected opening decline.(it probably won’t take out last weeks low just above 70)