themoneynarrative 3-month report card – Goldcorp (G.TO)

Report publication date: November 28, 2017
Recommendation: Investors looking ahead at what markets may do a year or so out may like the idea of holding a reliable gold producer.  Buy on dips.
Prior trading day (November 27, 2017) price close: $16.88

themoneynarrative economic and investing comment

The press has had a great many news stories of late about a potential significant market correction.  While themoneynarrative acknowledges that stretched equity evaluations, particularly in U.S. markets and “hot” sectors, should cause investors to exercise caution, we believe that a prolonged, significant and generalized market correction is unlikely at

themoneynarrative report card – Goldcorp (G.TO)

Report publication date: November 28, 2017
Recommendation: Investors looking ahead at what markets may do a year or so out may like the idea of holding a reliable gold producer.  Buy on dips.
Prior trading day (November 27, 2017) price close: $16.88

Goldcorp (G.TO)

G.TO is a large cap gold producer, with mines in Canada and Latin America.  The company’s shares have dropped significantly since late 2011, and, after some recovery in 2016, over much of the course of 2017 (notwithstanding recovery in the price of gold this year).  The company has a five-year plan (2017 – 2021) to increase margins and returns,