It has been an amazing year for silver mining stocks. If we look to the silver mining ETF (SIL - Free Report) we see that the sector has gained about 160% in the past six months alone, easily trouncing a still-impressive 19% surge for the overall market in the same time period.
However, questions are starting to build about the segment, with many asking if the run is over thanks to some recent consolidation in the silver world, and a few more questions over the health of commodity markets in general. Well, two of the biggest silver miners trading on the market should help to give us some clues, so let’s take a quick look at these names ahead of their earnings reports this week…
Silver Wheaton
Silver Wheaton is first up, and this company has seen a surge this year much like the industry at large. Earnings estimates have begun to tick higher, but it has a very shaky track record in earnings season which doesn’t exactly inspire confidence heading into the report.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
It has been an amazing year for silver mining stocks. If we look to the silver mining ETF (SIL - Free Report) we see that the sector has gained about 160% in the past six months alone, easily trouncing a still-impressive 19% surge for the overall market in the same time period.
However, questions are starting to build about the segment, with many asking if the run is over thanks to some recent consolidation in the silver world, and a few more questions over the health of commodity markets in general. Well, two of the biggest silver miners trading on the market should help to give us some clues, so let’s take a quick look at these names ahead of their earnings reports this week…
Silver Wheaton
Silver Wheaton is first up, and this company has seen a surge this year much like the industry at large. Earnings estimates have begun to tick higher, but it has a very shaky track record in earnings season which doesn’t exactly inspire confidence heading into the report.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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