Best Gold Stock to Buy Now

September 22, 2009

Many thanks to all of you who sent me an email with questions about your stocks. While there was no single company that seemed to be on everyone’s mind, there was a clear trend: Gold.

This week, I’ll cover three different precious metals companies to help show you the challenges and opportunities of the industry. But more importantly, I’m going to give you a clear buy signal for what I think is the very best stock to play the gold surge: An exciting company called GoldCorp (GG).

Why is GoldCorp my favorite? Simply put, because it has tapped in to the big profit potential of precious metals but has a dramatically lower risk level. Gold stocks are notoriously volatile, and share prices seesaw wildly on little or no news. Why deal with the headache when you can find big returns without the gut-wrenching ride?

Beat the market but do it with low risk: This is the core strategy of my Blue Chip Growth newsletter, and GoldCorp is a perfect example of the kinds of stocks I recommend in this service. I have a special limited-time offer today for you to join this service for just $99 and enjoy the same returns we do—returns that are proven to beat the market by 6-to-1 for 11 years!

But first I want to explain why GoldCorp is one of my favorite stocks right now by comparing it to two other precious metals companies I received questions about: NovaGold (NG) and Freeport McMoRan (FCX). As usual, we’ll explore the two crucial elements of each of these stocks to find out whether they are good investments: current strength and future growth.