Value Investors Should Love the Gold Miners

Published: Oct. 5, 2016, 5:55 p.m.

Welcome to Episode #12 of the Value Investor Podcast Every week, Zacks value stock strategist and the Editor of Zacks Value Investor portfolio service, Tracey Ryniec, talks about all things happening in the value stock universe, including her top stock picks. This week, Tracey looks into industries and sectors. Energy is the best performing sector year-to-date in the S&P 500 followed by utilities. But you won’t find many value stocks in either group. But there’s one industry that has stocks with cheap valuations AND the earnings are on the rise. What is that lucky industry? The gold miners. Tracey has considered the gold miners to be value traps in the past, but in 2016 she has a different take. This might just be the industry where value investors can find some hidden gems. 3 Cheap Gold Mining Stocks to Buy Now 1. Gold Fields (GFI): forward P/E of 14. 2. Anglogold Ashanti (AU): forward P/E of 13.4 3. Sibanye Gold (SBGL): forward P/E of 8.3 Find out why Tracey is digging these gold mining stocks and more on this week’s podcast. Anglogold: https://www.zacks.com/stock/quote/AU?cid=cs-soundcloud-ft-pod Gold Fields ADR: https://www.zacks.com/stock/quote/GFI?cid=cs-soundcloud-ft-pod Sibanye Gold: https://www.zacks.com/stock/quote/GFI?cid=cs-soundcloud-ft-pod VANECK VECTORS GOLD MINERS ETF: https://www.zacks.com/funds/etf/GDX/profile?cid=cs-soundcloud-ft-pod Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch