GOLD FIELDS LTD-SPONS ADR (NYSE:GFI) – A Strong Contender in High-Growth Momentum and Minervini’s Trend Template

GOLD FIELDS LTD-SPONS ADR (NYSE:GFI) has been identified as a high-growth momentum stock that also aligns with Mark Minervini’s Trend Template. The company, a prominent player in gold and copper mining, demonstrates strong technical and fundamental characteristics that make it a candidate for further analysis.

Why GFI Fits the Minervini Trend Template

The Minervini Trend Template focuses on stocks exhibiting strong uptrends and momentum. GFI meets several key criteria:

• Price Above Moving Averages:

  • Current price ($23.09) is above the 50-day SMA ($21.96), 150-day SMA ($18.18), and 200-day SMA ($17.42).
  • The 200-day SMA is trending upward, confirming long-term strength.

• Relative Strength:

  • GFI’s relative strength (93.42) indicates it outperforms 93% of the market, a key trait for momentum stocks.

• Price Performance:

  • The stock is trading within 10% of its 52-week high ($25.52) and is up 44% over the past year.
  • Short-term and long-term trends are both positive.

High-Growth Momentum Fundamentals

GFI’s fundamentals support its high-growth momentum rating:

• Earnings Growth:

  • EPS (TTM) grew 78% year-over-year, with quarterly EPS up 254%.
  • Profit margins improved significantly, rising from 15.6% (FY-1) to 23.9% (FY).

• Revenue Growth:

  • Revenue (TTM) increased 15.6% year-over-year, with quarterly sales up 37.7%.

• Analyst Revisions:

  • EPS and revenue estimates for the next year have been revised upward by 21.8% over the past three months, signaling optimism.

Technical Report Summary

According to ChartMill’s technical analysis, GFI scores a perfect 10 out of 10 for technical health. Key takeaways:

• Strong uptrend with consistent performance.
• Outperforms 73% of stocks in the Metals & Mining industry.
• Currently trading near the upper end of its 52-week range.

For a deeper dive into GFI’s technical setup, review the full technical report here.

Our High Growth Momentum + Trend Template screener lists more stocks meeting these criteria.

Disclaimer

This is not investment advice. The observations are based on data available at the time of writing. Always conduct your own research before making investment decisions.