Top Gold Stocks To Invest In Right Now

There are several reasons why investors may want to add gold to their portfolio. Not only can gold rise in value over time, but it can be a hedge against inflation and can add diversification.

Having said that, gold doesn’t fit in to Warren Buffett’s investing philosophy. The central investing principle that has allowed Buffett to build Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) into the massive conglomerate it is today excludes gold and most other assets that are considered to be stores of value.

Here’s a brief overview of Warren Buffett’s investment style, as well as his opinion on gold in particular, which should help paint a clear picture of why you shouldn’t expect to see gold bullion in Berkshire’s investment portfolio anytime soon.

Image source: The Motley Fool.

The short answer

Warren Buffett doesn’t invest in gold. There are three main things Warren Buffett does invest in, both with Berkshire Hathaway’s capital and his own money: entire companies, stocks of public companies, and cash equivalents that are waiting to be invested in those two. If you take a look at Berkshire’s investment portfolio, you’ll find plenty of subsidiary companies and stock investments, but gold is nowhere to be found.

Top Gold Stocks To Invest In Right Now: Eli Lilly and Company(LLY)

Advisors’ Opinion:

  • [By Keith Speights]

    One comparison tells a lot about the current situations for AbbVie Inc. (NYSE:ABBV) and Eli Lilly (NYSE:LLY). AbbVie stock has fallen more than 20% over the last month — and it’s still outperforming Lilly over the past 12 months and so far in 2018.

  • [By ]

    Pharmaceutical stocks joined the party Wednesday after Trump dredged up drug pricing concerns during his State of the Union address. Every major drug manufacturer retreated yesterday. Eli Lilly & Co. (NYSE:LLY) led the way lower with a decline of more than 5%. Johnson & Johnson (NYSE:JNJ) and AbbVie (NYSE:ABBV) werent far behind with losses of 3%.

  • [By ]

    Cramer and the AAP team say they’re trimming El Lilly (LLY) and adding WestRock (WRK) and Textron (TXT) . Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

  • [By ]

    Cramer and the AAP team weigh in on Eli Lilly’s (LLY) deal to buy ARMO BioSciences (ARMO) . Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

  • [By Chris Lange]

    When Eli Lilly and Co. (NYSE: LLY) released its most recent quarterly earnings report before the markets opened on Tuesday, the company said that it had $1.34 in earnings per share (EPS) on $5.7 billion in revenue. The consensus estimates had called for $1.14 in EPS on revenue of $5.49 billion. In the same period of last year, the drugmaker said it had EPS of $0.98 and $5.23 billion in revenue.

Top Gold Stocks To Invest In Right Now: Bruker Corporation(BRKR)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Bruker (BRKR)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Gold Stocks To Invest In Right Now: CarMax Inc(KMX)

Advisors’ Opinion:

  • [By ]

    Winners will collect specialized data, and their customers will understand why they are providing data. Among the companies that are already doing this is CarMax (NYSE: KMX).

  • [By Andy Pai]

    CarMax, Inc (NYSE: KMX) is the second most undervalued stock in the portfolio. The company's blended upside of 17.8 percent is very intriguing.

  • [By Trey Thoelcke]

    CarMax Inc. (NYSE: KMX) is set to release its most recent quarterly results first thing on Wednesday. The consensus forecast calls for $0.88 in EPS and $4.21 billion in revenue for the fiscal fourth quarter. Shares traded on Thursdays close at $61.94. The consensus price target is $77.71, and the 52-week range is $54.29 to $77.64.

  • [By Demitrios Kalogeropoulos]

    CarMax (NYSE:KMX) recently posted quarterly earnings results that were marked by a slowdown in sales growth. The used-car retailer endured a painful drop in customer traffic, which led sales to inch higher by less than 1% despite an aggressive expansion in its store base.

Top Gold Stocks To Invest In Right Now: Scorpio Tankers Inc.(STNG)

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Scorpio Tankers (STNG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Rich Smith]

    Stocks don’t always make sense — a factinvestors should be happy about afterScorpio Tankers (NYSE:STNG) posted a quarterly loss and an earnings miss this morning and then rocketed 15% in early trading.

  • [By Lisa Levin] Gainers
    Daré Bioscience, Inc. (NASDAQ: DARE) shares jumped 56.69 percent to close at $1.27 on Wednesday on news that the company entered into worldwide license agreement for Juniper Pharmaceuticals' intravaginal ring technology platform.
    Vicor Corporation (NASDAQ: VICR) rose 26.84 percent to close at $37.10. Vicor posted Q1 earnings of $0.10 per share on sales of $65.2 million.
    AGM Group Holdings Inc. (NASDAQ: AGMH) climbed 25.56 percent to close at $10.61.
    Travelzoo (NASDAQ: TZOO) gained 24.7 percent to close at $9.75 following strong Q1 results.
    Intrepid Potash, Inc. (NYSE: IPI) shares climbed 19.24 percent to close at $4.71.
    China Customer Relations Centers, Inc. (NASDAQ: CCRC) rose 18.73 percent to close at $18.64.
    Genprex, Inc. (NASDAQ: GNPX) climbed 18.28 percent to close at $5.89. Genprex expanded its operations to Cambridge, Mass.
    Scorpio Tankers Inc. (NYSE: STNG) rose 13.92 percent to close at $2.70 following Q1 results.
    Rocky Brands, Inc. (NASDAQ: RCKY) shares surged 13.57 percent to close at $23.85 after reporting Q1 results.
    Resonant Inc. (NASDAQ: RESN) shares rose 12.5 percent to close at $4.14 on Wednesday.
    USANA Health Sciences, Inc. (NYSE: USNA) jumped 11.24 percent to close at $106.85 following Q1 results.
    SUPERVALU Inc. (NYSE: SVU) rose 11.16 percent to close at $16.24 after the company reported Q4 results and agreed to sell and leaseback eight distribution centers for an aggregate purchase price of $483 million.
    K12 Inc. (NYSE: LRN) shares gained 10.74 percent to close at $15.36 following Q3 results.
    Tupperware Brands Corporation (NYSE: TUP) rose 9.15 percent to close at $46.28 as the company posted in-line quarterly earnings.
    Six Flags Entertainment Corporation (NYSE: SIX) shares climbed 8.49 percent to close at $64.18 as the company posted a narrower-than-expected loss for its first quarter.
    Carlisle Companies Incorporated (NYSE: CSL) gained 8.2 percent to close at $107.94 af
  • [By Lisa Levin]

    Wednesday afternoon, the energy shares gained 0.74 percent. Meanwhile, top gainers in the sector included Pengrowth Energy Corporation (NYSE: PGH), up 12 percent, and Scorpio Tankers Inc. (NYSE: STNG), up 12 percent.