January 2026
Stock I'm watching this month (January2026):-
NEM - Newmont Corporation;
Sector: Basic Materials
Market Cap: 186.5 Bil
Price/Earnings: 17.83
Price/Book: 3.77
Return On Equity: 22.88%
Return On Assets: 10.55%
Debt/Equity: 16.91%
Reasons to watch: Newmont Corporation is engaged in gold mining. It also mines other minerals such as copper, zinc, etc. Precious metals such gold has been the play for 2025 and seems like the trend is continuing well into 2026. Placing a bet here to ride the trend.
Risk: Gold price is usually a proxy for uncertainty. Once the business cycle calms down, it might be the end of the gold bull run.
Sentiment: Buy
Disclosure: Held
Current Price: 170.28 AUD
My Strike Price: 166.34 (Morningstar Fair Value: 91.77 AUD)
My Stop Loss: 155.34 AUD

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