U.S. Markets close in 50 mins

Gold Fields Limited (GFI) Shares March Higher, Can It Continue?

Zacks Equity Research
Investors need to pay close attention to Vale (VALE) stock based on the movements in the options market lately.

As of late, it has definitely been a great time to be an investor in Gold Fields Limited GFI. The stock has moved higher by 13.8% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider GFI’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as GFI has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

Will you retire a millionaire?

One out of every six people retires a multimillionaire. Get smart tips you can do today to become one of them in a new Special Report, “7 Things You Can Do Now to Retire a Multimillionaire.”

Click to get it free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Gold Fields Limited (GFI) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.