Jim Cramer’s Latest Lightning Round: 8 Stocks in Focus

2. Newmont Corporation (NYSE:NEM)

Number of Hedge Fund Holders: 66

Newmont Corporation (NYSE:NEM) is one of the stocks in focus in Jim Cramer’s latest lightning round. A caller asked about the near- and long-term outlook for the company, noting its recent performance and the impact of declining interest rates on gold’s attractiveness compared to other investments. Cramer replied:

“Look, I think Newmont is excellent. I do prefer Agnico Eagle, but Newmont is absolutely fine. Those are the two, my two favorite golds.”

Newmont Corporation (NYSE:NEM) is a mining company focused on gold production and exploration, while also developing resources in copper, silver, zinc, lead, and other metals. ClearBridge Investments stated the following regarding Newmont Corporation (NYSE:NEM) in its second quarter 2025 investor letter:

“Our largest new position during the quarter was Newmont Corporation (NYSE:NEM), a gold and precious metals miner. In addition to adding a level of insulation against further deterioration of the U.S. federal debt situation, as gold prices would likely rally, Newmont’s ability to generate free cash flows has tracked gold prices higher — a fundamental tailwind that has not yet been captured at its current valuation. Newmont has also initiated a strategic plan to return capital to shareholders and pay down its debt.”