Jim Cramer Discusses Newmont Corporation and the Importance of Owning Gold

Newmont Corporation (NYSE:NEM) is among Jim Cramer’s latest stock calls as he covered Exxon, Lockheed, and others. Inquiring about the stock, a caller asked if the company’s CEO, Natascha Viljoen, could be invited to Mad Money as a guest. Cramer replied:

She can come on anytime she wants. I like Newmont. Do I know it as well as Agnico? No. Would I like to hear about why it’s better than Agnico or really great? Absolutely. Newmont has really been quiet other than in very, very, very many years ago when I spoke to them. And I do think that, look, a high-quality gold miner, I like Agnico just because I feel like that I’ve known them forever, and they’re so consistent. But I would love to have Natascha to come on the show. Owning a gold stock is, is very important, and I think that owning gold is incredibly important. So let’s, for those who listen to me, again, we’re talking about for everybody… I prefer to own the actual gold, and then I prefer the own gold miners. We get our gold from Costco. It’s just been something we accumulate.

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

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