Whether we are in a good bubble remains a question, but shares of many miners and producers are trading above analysts' price targets, according Thomson Reuters. To find out which stocks can earn investors money ahead, we looked at more than 40 gold stocks, including Barrick Gold ( ABX), Gammon Gold ( GRS), Goldcorp ( GG), IAMGOLD ( IAG), Jaguar Mining ( JAG), Royal Gold ( RGLD) and Yamana Gold ( AUY). Investors who prefer not to take on individual company risk can also look at exchange-traded funds, such as Market Vectors Gold Miners ETF ( GDX) and then the Market Vectors Junior Gold Miners ETF ( GDXJ). We looked at companies with markets caps of at least $500 million that are actively traded and have five or more analysts covering them. When it comes to gold stocks, there are many factors to consider when picking companies. Most are foreign or profiting from foreign operations. There are potential labor and safety issues, and political unrest can be a problem as companies generally have to work in many hostile areas. There is also an ongoing currency risk for international operations, though gold is at least generally valued in dollars.
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