Buy Agnico Eagle (AEM) to Gain Exposure to Gold, Says Jim Cramer

Agnico Eagle Mines Limited (NYSE:AEM) is simply a Canadian golden and metals mining company. It is 1 of Cramer’s favourite stocks successful the assemblage arsenic helium has positively discussed the steadfast respective times successful 2025. On December 10th, RBC Capital downgraded Agnico Eagle Mines Limited (NYSE:AEM)’s shares to Sector Perform from Outperform but raised the stock terms people to $205 from $185, The Fly reported. The fiscal steadfast commented that the golden miner needs heavier superior concern to execute growth. It added that the spending could travel astatine the disbursal of Agnico Eagle Mines Limited (NYSE:AEM)’s currency flow. However, Cramer believes that the miner is simply a large mode to payment from rising golden prices. He discussed Agnico Eagle Mines Limited (NYSE:AEM) operational information and outgo structure:

“You cognize I was reasoning astir the P/E aggregate of NVIDIA and however it, has shrunk due to the fact that radical benignant of don’t believe. . .if you privation to bargain gold, there’s 2 ways to bargain gold, you tin bargain golden done Costco, I bash that, arsenic perpetually arsenic I can. And you tin ain Agnico Eagle Mines. I’m not allowed to ain immoderate idiosyncratic stocks, but radical person to understand, there’s, Agnico Eagle, and past there’s conscionable everybody else. They drill and person mines and they’re debased cost, successful places that are safe. You’re not gonna find that radical are, going to beryllium you cognize going to beryllium kidnapped successful the large authorities of Nevada. And I conscionable consciousness similar radical should understand, this is simply a Canadian institution that is truthful good run, and has specified debased costs, that conscionable halt it, if you don’t person a information deposit container which is what you request for gold. . .buy this company.”

While we admit the imaginable of AEM arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.