Coeur d’Alene Mines Corporation (NYSE: CDE) — This mining company engages in the operation, ownership, exploration and development of silver and gold properties in South America, Mexico, the United States and Australia.
Ford Equity Research rates the stock a “buy” and is projecting that it will outperform the market over the next six to 12 months. EPS has increased from a loss of 60 cents to a gain of $1.17 over the past five quarters.
Technically, CDE broke from a triple-top on Feb. 28, hitting a new high at $36, and then pulled back to its near-term trendline at $30. It is now rebounding from that line, making it one of my current top stock picks. The trading target for CDE is $38.
If you have questions or comments for Sam Collins, please e-mail him at samailc@cox.net.
