Charlie Morris: This Small Gold Stock Has Big Upside
Would you be surprised to learn that gold has outperformed the S&P 500 since the turn of the century? Investment research company ByteTree’s founder Charlie Morris thinks gold has more room to run – and believes that even if gold stays flat, one particular gold miner is massively undervalued.
Its name is B2Gold (NYSE: $BTG) and Charlie believes the market is overpunishing it for having mining operations in various developing countries around the world. But Charlie says B2Gold’s diversification is its strength (and that because gold mining is an important source of tax revenue to these countries, they have a vested interest in ensuring smooth operations).
Charlie feels B2Gold has 50% upside even without any gold price improvement, and with gold potentially rising higher, B2Gold could double.
B2Gold is small and risky, and not for every investor, but if you have a spot in your portfolio for more volatile companies with potentially big upside, you’ll enjoy every minute of this interview.
Click here or on the image below to watch:
This article is for informational purposes only and is neither investment advice nor a solicitation to buy or sell securities. All investment involves inherent risks, including the total loss of principal, and past performance is not a guarantee of future results. Always conduct thorough research or consult with a financial expert before making any investment decisions. Neither the author nor BBAE has a position in any investment mentioned.
