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Gold Stocks Worth Watching - September 12th

Robinhood Markets logo with Finance background

Key Points

  • Robinhood Markets, Coca-Cola, and Freeport-McMoRan are identified as the top gold stocks to watch due to their high dollar trading volumes.
  • Gold stocks are commonly used by investors to gain leveraged exposure to gold prices and to diversify their portfolio against economic uncertainty.
  • Freeport-McMoRan focuses on mining operations across several continents, including North America and South America, emphasizing its role in the gold industry.
  • MarketBeat previews top five stocks to own in October.

Robinhood Markets, CocaCola, and Freeport-McMoRan are the three Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of companies involved in the exploration, mining, processing or trading of gold. Their market value tends to track the price of gold itself, as well as the operational performance and cost structure of the issuing company. Investors often use gold stocks to gain leveraged exposure to gold prices or to diversify a portfolio against inflation and economic uncertainty. These companies had the highest dollar trading volume of any Gold stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Read Our Latest Research Report on HOOD

CocaCola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

Read Our Latest Research Report on KO

Freeport-McMoRan (FCX)

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.

Read Our Latest Research Report on FCX

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