Zacks.com Announces That Jack Adamo Highlights the Following Stocks: Compania de Minas Buenaventura, streetTRACKS Gold Shares and Barrick Gold Corp.CHICAGO -- Jack Adamo, editor of the Insiders PLUS newsletter, believes investors should keep their guard up since the relief rally is not likely to last long. Read about Compania de Minas Minas may refer to:
See: New York Stock Exchange : BVN BVN Basketball Verband Nordwestschweiz (basketball association, Switzerland) BVN Bolsa de Valores Nacional, SA (Guatemala) BvN Birkhoff-Von Neumann Decomposition BVN Bureau Voucher Number BVN Broadband Virtual Network ), streetTRACKS Gold Shares (NYSE: GLD GLD Gold GLD Gelderland (Dutch province) GLD Gladstone (Queensland, Australia) GLD Government Logistics Department (Hong Kong) GLD Glider GLD Generalized Lambda Distribution ) and Barrick Gold Barrick Gold Corporation TSX: ABX NYSE: ABX is the largest pure gold mining company in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units (RBU's) located in Australia, Africa, North America and South America. Corp. (NYSE: ABX ABX Antibiotics ABX Airborne Express ABX Abstracting ABX Albury, New South Wales, Australia - Albury (Airport Code) ABX Automatic Branch Exchange ABx Non-Antibiotics ABX Asset Backed Securities Index ABX Acoustic Bass Extension ). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84 Highlights from the July 1 Featured Expert column by Jack Adamo include: Not Time To Relax If each one of the Federal Reserve Bank Governors zips his or her mouth until the next Fed meeting in August, and we don't have any other inflation scares, maybe the rally will last longer, but recent history suggests that's unlikely. The individual Governors seem to need a little attention of their own. One of them will probably sound off soon about the danger of inflation. Then stocks will hit the skids Skids can refer to:
GOLD UPDATE Bullion BULLION. In its usual acceptation, is uncoined gold or silver, in bars, plates, or other masses. 1 East, P. C. 188. 2. In the acts of Congress, the term is also applied to copper properly manufactured for the purpose of being coined into money. is back above $600 an ounce, and, naturally, Adamo is wondering if he should have added that fifth position on the big plunge a few weeks ago. He's not going to lose sleep over it though. There remains a good chance the metal will take one more swan dive before its next major run. Adamo can add a position then. If he's wrong about the drop, his 16% weighting will treat him well enough. All of Adamo's gold stocks are back within their buy ranges now. He has a standard 4% portfolio position in Compania de Minas Buenaventura (NYSE: BVN) and streetTRACKS Gold Shares (NYSE: GLD). He has a double position in Barrick Gold Corp. (NYSE: ABX), equal to an 8% weighting. Read Jack Adamo's complete commentary regarding the relief rally and discover other stocks by clicking: http://at.zacks.com/?id=85 About Zacks Featured Experts Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail See Internet e-mail service. newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=87 Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. |
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