3 Shares That Have Missed the FTSE 100 Rally to 6,400: Vodafone Group Plc (ADR) (VOD) and More

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This highly successful gold-miner, which has a history of outperforming both its rivals and the price of gold, is now trading on less than 15 times forecast earnings for the year to December 2013, compared with a P/E in the 20s over the last couple of years. As is typical with gold miners, the dividend yield is negligible at 0.7%.

Rising costs and a few operational setbacks in the latter part of last year, combined with the weakening price of gold since October, have been the cause of Randgold’s undoing. Nevertheless, if you’re in the market for a leveraged play on the price of gold, Randgold — with its proven management and substantial resources — looks worth considering at the current price.

The article 3 Shares That Have Missed the FTSE 100 Rally to 6,400 originally appeared on Fool.com and is written by G. A. Chester.

G A Chester does not own shares in any of the companies mentioned in this article — but does own shares in “The Motley Fool’s Top Growth Stock For 2013.” Motley Fool newsletter services have recommended buying shares of Vodafone Group (NASDAQ:VOD) (LSE:VOD).

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