Top Stock to Buy #4 – Harmony Gold Mining Co. (HMY)
Harmony Gold Mining Co. (NYSE:HMY) is engaged in underground and surface mining. It has increased sales over the past five years from a growth rate of 6.45% to 19.49%, and net margins have improved as well.
Recent moves by the European Union to shore up the euro have driven investors to hard assets, and HMY jumped from under $9 to over $10 from July 24 to July 27.
HMY is a highly volatile and speculative investment, but if the euro turns strong it is likely that it could jump to the mid-teens.