5 Best Stocks to Buy in 2021 According to Louis Navellier

3. Newmont Corporation (NYSE: NEM)

Navellier’s Stake Value: $2,870,000
Percentage of Louis Navellier’s 13F Portfolio: 0.51%
No. of Hedge Fund Holders: 43

Newmont Corporation (NYSE: NEM) is a mining company that explores gold, as well as other metals such as lead, zinc, silver, and copper. 

The company earned $2.87 billion in revenue in Q1, which was 11.2% higher YoY, and outperformed the consensus estimate by $290 million. The stock was rated as “Overweight” at JPMorgan in February, while Bernstein rated it as “Outperform” setting the price target of $72 in January.