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Raymond James Affirms Why Royal Gold, Inc. (RGLD) is one of the Best Gold Mining Companies to Buy

Royal Gold, Inc. (NASDAQ:RGLD) is one of the best gold mining companies to buy with high upside potential. On April 1, Raymond James reiterated an Outperform rating on Royal Gold, Inc. (NASDAQ:RGLD) and raised the price target to $350 from $345.

According to analysts at the research firm, Royal Gold’s robust royalty and streaming business model provides investors with exposure to high-margin metal sales. That’s evidenced by the company’s impressive 87% gross profit margin, which indicates an efficient model. The research firm also touted the company’s high-quality diversified asset base in a lower-risk jurisdiction.

Royal Gold maintains leverage to commodity pricing and exploration optionality through a string of royalty and streaming agreements. In addition, the company can mitigate downside risk given its limited exposure to operating and capital costs. It also boasts a solid, flexible balance sheet capable of supporting future investments and dividend growth.

Royal Gold, Inc. (NASDAQ:RGLD) is a precious metals streaming and royalty company that acquires and manages streams, royalties, and similar production-based interests. Focused on gold, it finances mining projects in exchange for the right to purchase metals (gold, silver, copper, nickel) produced at a set price, without operating the mines.

While we acknowledge the risk and potential of RGLD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RGLD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Multibagger Penny Stocks to Invest In and 8 Best Blue Chip AI Stocks to Buy Now.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

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.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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