10 Stocks on Jim Cramer’s Radar

5. Barrick Gold Corporation (NYSE:GOLD)

Number of Hedge Fund Holders: 44

Barrick Gold Corporation (NYSE:GOLD) was mentioned during the episode, and here’s what Cramer had to say:

“It’s killing me that that thing isn’t moving. It’s not doing what I thought it should. So that’s why I’m saying pivot to Agnico Eagle. That’s the one I like, Agnico Eagle.”

Barrick Gold (NYSE:GOLD) is involved in the exploration, development, production, and sale of gold and copper assets, as well as the exploration and sale of silver and energy materials. Ariel Investments stated the following regarding the company in its Q4 2024 investor letter:

“Lastly, gold mining company, Barrick Gold Corporation (NYSE:GOLD) fell following an investor day where management reduced five-year guidance for gold production and raised cost estimates. Meanwhile, a dispute with the African government of Mali and associated negative headlines created an overhang on shares. Despite ongoing uncertainty, management remains laser focused on upgrading its mining operations and broadly improving efficiencies amid today’s rising prices for precious metals. The company also continues to prioritize capital returns to shareholders via dividends and share repurchases. At current valuation levels, we believe the risk/reward is priced in.”