What Makes Newmont Corporation (NEM) an Investment Option?

ClearBridge Investments, an investment management company, released its “ClearBridge Value Strategy” second quarter 2025 investor letter. A copy of the letter can be downloaded here. The investment landscape appears thriving on the surface but chaotic underneath due to geopolitical tensions, deglobalization, rising debt, and supply chain disruptions. Although nominal growth is accelerating, it also brings greater volatility and unpredictability. The ClearBridge Value Strategy outperformed its Russell 1000 Value Index benchmark in the second quarter in a subdued period for value stocks. Overall stock selection contributed to the strategy’s performance in the quarter, while overall sector allocation detracted. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second quarter 2025 investor letter, ClearBridge Value Strategy highlighted stocks such as Newmont Corporation (NYSE:NEM). Newmont Corporation (NYSE:NEM) is a mining company that engages in the production and exploration of gold properties. The one-month return of Newmont Corporation (NYSE:NEM) was 5.06%, and its shares gained 24.55% of their value over the last 52 weeks. On July 9, 2025, Newmont Corporation (NYSE:NEM) stock closed at $58.75 per share, with a market capitalization of $65.389 billion.

ClearBridge Dividend Strategy 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.”

Why Newmont Corporation (NEM) Crashed On Friday

A gold mine entry with a conveyor belt transporting minerals from the depths of a shaft.

Newmont Corporation (NYSE:NEM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 65 hedge fund portfolios held Newmont Corporation (NYSE:NEM) at the end of the first quarter, compared to 69 in the previous quarter. While we acknowledge the risk and potential of NEM 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 NEM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Newmont Corporation (NYSE:NEM) and shared the list of cheap large cap stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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