Several investment experts, including participants in MoneyShow’s Mining & Money virtual conference on Sept. 1-3, highlight strategies to add some gold stocks and funds to your portfolio. Various exchange-traded funds (ETFs) hold a significant number of gold mining stocks; depending on desired exposure to gold miners, investors could choose from VanEck Vectors Gold Miners (GDX), 100% of assets in gold & silver mining stocks; VanEck Vectors Junior Gold Miners (GDXJ), 100% in gold miners; SPDR S&P Metals & Mining (XME), 16% in gold miners; Materials Select Sector SPDR (XLB), 13% in metals & mining stocks; and Vanguard Materials (VAW), 7% in gold miners. Regarding individual gold sector stocks, Barrick Gold (GOLD), Kinross Gold (KGC), Franco-Nevada (FNV), Newmont (NEM) and Royal Gold (RGLD) earn CFRA's 4-STAR buy rating. The bank includes three of our own recommendations among its top picks in the gold mining sector: Barrick Gold (GOLD), Agnico Eagle Mines (AEM), and Franco-Nevada (FNV). If you don’t have some gold stocks or funds in your portfolio, it’s time to act.

Source: Forbes August 28, 2020 18:22 UTC