5 Best Precious Metal Stocks To Buy Now

4. Wheaton Precious Metals Corp. (NYSE: WPM)

No. of Hedge Fund Holders: 34

Canada-based Wheaton Precious Metals is one of the best precious metals stocks to buy now, with operations dealing in molybdenum, gold, silver and palladium. The company has 19 operating mines and 9 development stage projects.  The company recently said it expects about 2% increase in its fiscal 2021 gold production, while a 1.5% growth is expected in silver production. The stock is up about 40% since the start of the year.

First Eagle Investment Management is one of the 34 hedge funds tracked by Insider Monkey having stakes in WPM at the end of the fourth quarter. The fund owns over 16.2 million shares of the company.