NYSEARCA:GDXJ

46.35
2.07 (4.67%) 1d
0
Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

The experts have mixed opinions about the future of Market Vectors Jr Gold Miners ETF. While some believe that fall is usually a good season for gold and are waiting for weakness in gold prices before buying, others think that the current short-term noise is bad for gold and are advising to wait to buy. One expert recently sold gold due to the belief that it has a lid around $2000 and is not trustworthy until it breaks out and lasts for more than just a few days.

Consensus
Mixed
Valuation
Fair Value
BUY ON WEAKNESS

Fall usually a good season for gold.
Pressure on gold supply from US Treasury tough on gold prices this year.
Looking to buy some gold in the next 1-2 quarters, waiting for weakness in gold prices.

E.T.F.'s
BUY ON WEAKNESS

Good for when US Fed rates cuts interest rates.
Not a great spot for gold now.
Wait to buy.
Lots of short term noise that is bad for gold. 

E.T.F.'s
SELL

He sold gold recently. Gold has a lid on it somewhere around $2000. Not a bad chart. You're hoping it will break out and, based on history, it may not. You could make up reasons for it to, but until it breaks out and lasts for more than just a few days, he doesn't trust any of those reasons and just goes by the chart. 5/10 for him.

E.T.F.'s
BUY

Likes gold, but prefers the mid-size and juniors for more upside, better valuations, more opportunities. Starting to bounce, but still more potential in some of those names. Doesn't want the big players. 

E.T.F.'s
TOP PICK

USD weakening, especially if interest rates peak, should benefit gold. Gold stocks are trading at multi-decade lows. The ETF avoids taking on geopolitical or individual mining risk. There's more growth here than in the larger players, plus more potential for takeout activity.

E.T.F.'s
HOLD
Pretty bullish on gold. Looks for company-specific drivers that will increase the value of a company, even if gold is flat. For example, Wesdome and B2B Gold, which are raising dividends through capital allocation. The ETF has higher beta exposure to the gold price. As long as the commodity keep working, you'll be OK.
E.T.F.'s
BUY
Gold outlook He likes gold now, though he's not a gold bug. He holds 15-20% gold, split between gold and silver miners. Silver is actually outperforming tech. Gold and silver are catching up to metals now, and have a long way to go given continued stimulus. He's long gold. Gold will be the most important theme in the market.
E.T.F.'s
BUY

GDXJ gives him blanket exposure in gold. He owns a lot of gold stocks, including Newmont, Barrick and Kirkland Lake. You can get exposure to juniors through Dundee Precious Metals (he owns). All are interesting. GDXJ is not a bad way to get gold exposure.

E.T.F.'s
BUY ON WEAKNESS
The mid-cap and juniors on the gold side is apples and oranges in the way they trade. News and drill results move the mid-caps and juniors. You will not get a lot of cash flow any time soon. They had a great run this year. He would be cautious at these levels and buy on dips. These companies will slowly be taken over by the seniors and he thinks this will slowly accelerate over the next couple of years.
E.T.F.'s
COMMENT

Gold producers? He prefers to own the Royal Canadian Mint (MNT) and Sprot (PHY.US) and Franco-Nevada (FNV). He likes the physical element. He would also consider the Junior Miners ETF (GDXJ). At some point, there will be a role for gold to help the economy recover.

E.T.F.'s
PAST TOP PICK
(A Top Pick Feb 11/19, Down 16%) This also carries silver to give you a nice spread. Carries a nice portfolio of all the gold juniors. You don't need to buy more juniors if you buy this. Gold, though, has been slaughtered like all else. Silver has the potential to make a big move. You can build a position from here.
E.T.F.'s
TOP PICK
Smaller gold producers. It is getting harder and harder to find gold. These stocks are very cheap on a price to book basis. You can have two or three of these because they are cheap. You get the desirability of owning the reserves that they have. You might get some juice from the acquisitions of these smaller gold companies.
E.T.F.'s
DON'T BUY
Gold has broken out, now at $1,514. Central banks have been buying too, but there have been false breakouts, too. Is this another false rally? He doesn't think this is a real rally now.
E.T.F.'s
TOP PICK
Instead of cherry-picking gold stocks, buy this. This spreads your risk. And he's very bullish gold these days.
E.T.F.'s
DON'T BUY
He doesn't like gold. If he were trading it, he would invest in gold companies, not an ETF. Write a covered call against those companies, like Agnico Eagle or Goldcorp.
E.T.F.'s
Showing 1 to 15 of 24 entries

Market Vectors Jr Gold Miners ETF(GDXJ-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Market Vectors Jr Gold Miners ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Market Vectors Jr Gold Miners ETF(GDXJ-N) Frequently Asked Questions

What is Market Vectors Jr Gold Miners ETF stock symbol?

Market Vectors Jr Gold Miners ETF is a American stock, trading under the symbol GDXJ-N on the NYSE Arca (GDXJ). It is usually referred to as AMEX:GDXJ or GDXJ-N

Is Market Vectors Jr Gold Miners ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about GDXJ-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Market Vectors Jr Gold Miners ETF.

Is Market Vectors Jr Gold Miners ETF a good investment or a top pick?

Market Vectors Jr Gold Miners ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Market Vectors Jr Gold Miners ETF.

Why is Market Vectors Jr Gold Miners ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Market Vectors Jr Gold Miners ETF worth watching?

3 stock analysts on Stockchase covered Market Vectors Jr Gold Miners ETF In the last year. It is a trending stock that is worth watching.

What is Market Vectors Jr Gold Miners ETF stock price?

On 2024-05-17, Market Vectors Jr Gold Miners ETF (GDXJ-N) stock closed at a price of $46.35.