11 Most Profitable Value Stocks to Invest In Right Now

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3. Newmont Corporation (NYSE:NEM)

Forward P/E Ratio as of December 16: 13.91

TTM Net Income as of December 16: $7.19 billion

TTM Net Income Margin as of December 16: 33.42%

Number of Hedge Fund Holders: 74

Newmont Corporation (NYSE:NEM) is one of the most profitable value stocks to invest in right now. On December 7, Jefferies raised the firm’s price target on Newmont to $120 from $113 with a Buy rating. This sentiment was announced as part of the firm’s 2026 preview for the metals and mining group. Jefferies anticipates a major strategic shift for the metals sector in 2026, maintaining a high-conviction bullish stance on gold equities while turning more cautious on copper stocks due to their elevated valuations. The firm expects gold miners to enter a period of record financial health, characterized by expanded margins and a significant surge in free cash flow throughout 2026.

Earlier on December 1, UBS analyst Daniel Major raised the firm’s price target on Newmont to $125 from $105.50 and kept a Buy rating on the shares. Major highlighted that gold maintained its bullish momentum throughout 2025 and remains well-supported heading into 2026, driven by consistent demand from both private and official sectors rather than speculative excess.

In Q3 2025, Newmont reported an adjusted net income of $1.9 billion, or $1.71 per share, which represented a 20% increase over the previous quarter and more than doubled its year-over-year results. This growth was supported by an average realized gold price of $3,539 per ounce, which helped generate $2.3 billion in cash flow from operations and $1.6 billion in free cash flow for the period, despite a slight 4% dip in gold production to 1.42 million ounces.

Newmont Corporation (NYSE:NEM) produces and explores gold properties. It also explores for copper, silver, zinc, lead, and other metals.

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