Buy Agnico Eagle on the Dip: Tactical Long into Strength in Gold
Agnico Eagle (AEM) is a high-quality senior gold producer trading well below its 52-week high after a market-wide pullback. With a $89.8B market cap, reasonable multiples (P/E 16.6, P/B 3.36), dividend support and exposure to rising realized gold prices, AEM is a pragmatic long for long-term (180 trading days) traders willing to accept medium risk.…