5 Best Gold Stocks to Buy for Inflation

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In this article, we discuss the 5 best gold stocks to buy for inflation. If you want to read about some more gold stocks, go directly to 10 Best Gold Stocks to Buy for Inflation

5. Franco-Nevada Corporation (NYSE:FNV)

Number of Hedge Fund Holders: 29   

Franco-Nevada Corporation (NYSE:FNV) is a gold-focused royalty and streaming company. The firm has an impressive dividend history stretching back thirteen years. In the past two years, the payouts have grown consistently. In late January, the firm declared a quarterly dividend of $0.32 per share, an increase of close to 7% from the previous dividend of $0.30 per share. In earnings results for the fourth quarter of 2021, the company beat market expectations on earnings per share and revenue by $0.44 and $10 million, respectively.  

On April 11, investment advisory BMO Capital maintained an Outperform rating on Franco-Nevada Corporation (NYSE:FNV) stock and raised the price target to C$205 from C$194. Analyst Jackie Przybylowski issued the ratings update. 

At the end of the fourth quarter of 2021, 29 hedge funds in the database of Insider Monkey held stakes worth $1 billion in Franco-Nevada Corporation (NYSE:FNV), up from 26 in the preceding quarter worth $951 million. 

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