Gold and energy stocks have seen a lot of volatility this year. It would be an understatement to say that energy dipped while gold soared. That being said, should you invest in gold or oil stocks?
The continuation of the COVID-19 pandemic means that there is still substantial risk in oil stocks today. Moreover, while gold looks like a solid buy, the high price cautions investors to ask themselves if the price of gold has hit a peak. No one wants to buy at the top of the market.
Here are two stocks to consider buying in November if you want to invest in gold or energy before the year ends. Franco-Nevada: Gold and oil royalty stock
Franco-Nevada (TSX:FNV) (NYSE:FNV) rose from a 52-week low of $105.93 to a 52-week high of $222.15 after the March 2020 market sell-off. At the time of writing, the stock is trading for $178.72 […]
November 2, 2020 (updated November 2, 2020) Published by StockMan