Gold has been hitting new highs due to an unprecedented rally driven by central banks buying , trade tensions & geopolitical tensions.
Barrick operates 6 of the world's most valuable gold mines. This includes the massive Nevada complex which is the largest gold producing mine in the US.
Barrick has a rock solid balance sheet with over USD 5 billion in cash & minimal net debt. They have been rewarding patient investors with a strong sustainable dividend policy & aggressive buybacks. In 2024 alone Barrick has returned USD 1.2 billion to shareholders.
Despite its strength, Barrick trades at a discount to its peers, with analysts seeing potential for a stock rerating.
That is why Barrick is my Top Pick for 2026.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
