Newmont Corporation (NEM) “Finally Got It Right,” Says Jim Cramer

We recently published 8 Stocks Jim Cramer Discussed As He Dismissed Value Stocks. Newmont Corporation (NYSE:NEM) is one of the stocks Jim Cramer recently discussed.

Newmont Corporation (NYSE:NEM) has started to become somewhat of a regular feature of Cramer’s morning show. Its shares have gained 97% year-to-date primarily due to exposure to gold prices. Global economic uncertainty has pushed gold higher this year, and Newmont Corporation (NYSE:NEM) is one of Cramer’s top stocks in the mining sector. Newmont Corporation (NYSE:NEM)’s shares have gained a strong 20% since August start as gold prices started to touch record high prices. Cramer praised Newmont Corporation (NYSE:NEM)’s recent earnings performance, through which its $5.32 billion revenue and $1.43 in earnings beat analyst estimates. Here is what Cramer said about the firm:

“I really like that, I mean Newmont, chronic misser, they finally got it right.”

Cramer recently heaped praise on Newmont Corporation (NYSE:NEM). Here is what he said:

“[On a cost cutting push] Even though they’re one of the best performing stocks in the S&P 500 and they feel like they need to make that cutback. That’s a very good company.”

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Disclosure: None. This article is originally published at Insider Monkey.