We came across a bullish thesis on Newmont Corporation on r/AIPortfolios by manojs. In this article, we will summarize the bulls’ thesis on NEM. Newmont Corporation’s share was trading at $122.13 as of February 20th. NEM’s trailing and forward P/E were 15.66 and 15.82 respectively according to Yahoo Finance.
Pixabay/Public Domain
Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the...
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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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