14 Best Long Term Low Volatility Stocks to Buy Right Now

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11. Newmont Corporation (NYSE:NEM)

5-Year Revenue Growth: 14.14%

Beta: 0.36

Number of Hedge Fund Holders: 66

Newmont Corporation (NYSE:NEM) is one of the best long term low volatility stocks to buy right now. On October 16, BofA lifted its price target on Newmont Corporation (NYSE:NEM) to $115 from $105 while keeping a Buy rating on the shares.

The firm told investors that it raised its price target for its North American precious metals coverage by an average of 16%, primarily due to the higher forecasts for gold and silver prices.

BofA added that according to the new forecasts of its commodities team, gold is anticipated to hit $5,000 per ounce and silver to reach $65 per ounce.

Newmont Corporation (NYSE:NEM) is a global producer in Canada, Mexico, the US, and several other countries. Its operations include Brucejack, Red Chris, Penasquito, Merian, Cerro Negro, Yanacocha, Boddington, Tanami, Cadia, Lihir, Ahafo, and NGM.

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