5 Best Gold Stocks To Buy Now

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1. Franco-Nevada Corporation (NYSE: FNV)

Franco-Nevada Corporation is the largest gold stock holding of a billionaire hedge fund, according to the latest filings. It currently accounts for a 0.75% overall portfolio valued at $747 million. The firm has been holding Franco-Nevada shares since 2014.

Investment in Franco-Nevada has generated substantial returns for Jim Simons stock portfolio over the years. Shares of Franco-Nevada jumped 170% in the past five years on the back of improving financial numbers. The company also rewards investors through cash returns. Franco-Nevada has aggressively been expanding its asset portfolio to enhance its revenue base. It generated a record third-quarter net income of $0.81 per share, up 51% from the year-ago period.

We shared Horizon Kinetics’ detailed FNV bullish thesis here.

Please also see 12 Best Silver Stocks To Buy Now and 10 best high dividend stocks to buy now.

Disclaimer: None.

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