
TSE:KL
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They missed estimates slightly but cash flow is strong and reaching a record. The EPS rose to 49% following strong production and prices. Projects are advancing well and the dividend continues to move up. Unlock Premium - Try 5i Free
With Agnico Eagle, KL anchors his producers' portfolio and strategy. He still likes this. Their exploration continues to add ounces on the ground. Production costs are low. They boast great managers and safe geopolitics. He has an $80 target. (Analysts’ price target is $83.95)
Likes gold. The environment is favourable for gold, where interest rates are staying low for at least a couple years. We have come off recent highs but we are up on the year. So long as real interest rates stay low, it is good. Barrick or Franco-Nevada, the big-cap names, would be his choice.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Q3 reports and the break in their technical levels did not help the stock. However, growth is expected and at these levels it is cheap. It also holds a lot of cash and management is skilled. Unlock Premium - Try 5i Free