This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top 10 Commodity Stocks of 2010

5. NovaGold Resources

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

YTD Returns: 138%

M&A activity in gold mining stocks took off in 2010 and shares of Novagold (NG) have skyrocketed on the prospect of it being a takeout target for larger miners.

The stock has also attracted the interest of big investors including George Soros and John Paulson, owning a combined 33 million shares.

NovaGold is considered an attractive target because it's a junior with big properties. The company has two of the largest gold and copper deposits in the world -- Donlin Creek and Galore Creek -- as well as the two smaller properties of Rock Creek and Ambler.

>>Will NovaGold Take a Buyout Offer

"You've got a very, very low cost gold producer with a silver and gold byproduct credit so naturally that would fit nicely into any major companies portfolio. We're obviously aware that that's a possibility," CEO Rick Van Nieuwenhuyse told TheStreet recently.

NovaGold is expected to release a prefeasibility study for Galore in 2011 and Donlin has the potential to produce 25 million ounces of gold. The two properties, however, won't come on stream until 2015 at the earliest.
7 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EC $9.50 2.50%
KRO $6.35 -0.78%
NGD $4.31 -4.00%
NG $5.96 -3.60%
SLW $18.87 -3.10%


Chart of I:DJI
DOW 17,652.67 -98.24 -0.55%
S&P 500 2,047.71 -15.66 -0.76%
NASDAQ 4,720.15 -43.0740 -0.90%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs