10 Firms Buck Thursday’s Market Bloodbath

7. Agnico Eagle Mines Ltd. (NYSE:AEM)

Agnico Eagle extended its winning streak for a fourth straight day on Thursday, adding 5.43 percent to finish at $111.55 apiece in line with its counterparts and higher gold prices.

With the ongoing trade tensions globally, investors found safety in gold and mining firms resulting in the rally of gold mining stocks.

On the same day, spot prices of gold finished 0.35 percent higher at $3,187.30 per ounce after jumping to an all-time high of $3,188.45 at the intra-day session.

Additionally, AEM earned a bullish outlook from former hedge fund manager Jim Cramer, who is also the host of the Mad Money show on CNBC.

In his show, Cramer mentioned multiple times how he likes AEM’s stock.

“I like Agnico Eagle…one of the more gold-oriented companies,” he was quoted as saying.

AEM is a Canada-based gold miner and the third largest gold producer in the world. It currently has operations in Canada, Australia, Finland and Mexico.