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Top 5 Gold Stocks For High Gold Prices

No. 3 -- Agnico-Eagle (AEM - Get Report)

Foster: Agnico-Eagle has gone through a big growth spurt and they have had operating issues ... They've started up five new mines in the last three years, which is a tall order. We believe they have all of their operating risks behind them and they should reach steady production as we move into year-end and I think the market's going to pay up for that.

Now the stock has already moved about 18% so far this year. Does it really have that much more room to run?

Foster: Yes, if you look back at the past 18-24 months the stock has underperformed because of the operating issues so there's more catch up to do for Agnico and their share price.

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SYM TRADE IT LAST %CHG
ABX $13.07 0.00%
AEM $31.73 0.00%
GOLD $75.79 0.00%
GG $18.68 0.00%
IAG $2.24 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
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