KINROSS GOLD CORP (NYSE:KGC) – A Strong Contender for Growth Investors

KINROSS GOLD CORP (NYSE:KGC) stands out as a compelling pick for investors following Louis Navellier’s growth strategy. The company meets multiple criteria from Navellier’s "Little Book That Makes You Rich," demonstrating strong earnings momentum, expanding margins, and solid cash flow growth. Below, we examine why KGC fits this strategy.

Key Strengths Aligning with Navellier’s Growth Criteria

• Positive Earnings Revisions & Surprises: Analysts have raised next-quarter EPS estimates by 13.05% over the last three months. KGC has also delivered an average earnings surprise of 16.49% in the past four quarters, beating expectations consistently.
• Strong Sales & Earnings Growth: Revenue grew 26.71% year-over-year, while quarterly sales surged 38.47%. EPS growth is even more impressive, with a 200% jump in the latest quarter and an 87.23% increase over the past year.
• Expanding Profitability: Operating margins improved by 43.68%, reflecting efficient cost management. Free cash flow soared 170.39%, indicating strong financial flexibility.
• High Return on Equity: With an ROE of 13.83%, KGC generates solid returns for shareholders, a key metric in Navellier’s strategy.

Fundamental Overview

KGC holds a fundamental rating of 6/10, performing well in profitability but with minor concerns in financial health. The stock is reasonably valued, trading at a P/E of 17.94, below both industry and S&P 500 averages. For a deeper dive, review the full fundamental analysis report.

Final Thoughts

KGC’s strong growth metrics, improving margins, and upward earnings revisions make it a candidate for investors seeking high-growth opportunities.

For more stocks matching this strategy, explore our Little Book Growth Screener.

Disclaimer
This is not investing advice. Always conduct your own research before making investment decisions.