A study of analyst recommendations at the major brokerages shows
that Silver Wheaton Corp (Symbol: SLW) is the #7 broker analyst
pick, on average, out of the 50 stocks making up the
Metals Channel Global Mining Titans Index
, according to
. The Metals Channel Global Mining Titans Index is comprised of the
top fifty global leaders from the metals and mining sector. The
companies listed in the Metals Channel Global Mining Titans Index
are not fixed, but instead variable - updating on a continuous
basis to reflect the changing market environment with respect to
commodity prices, government policy and market volatility.
From the other direction, when companies have a low rank among
analysts, it isn't necessarily the case that investors should
conclude that the stock will perform poorly. It can, of course, but
a bullish investor could also take the contrarian angle and read
into the data that there is lots of room for upside because the
stock is so out of favor.
According to the ETF Finder at ETF Channel, SLW makes up 5.18% of
the PowerShares Global Gold and Precious Metals Portfolio ETF (
) which is trading up by about 0.6% on the day Tuesday.
SLW operates in the Precious Metals sector, among companies like
Barrick Gold Corp. (
) which is up about 0.3% today, and Goldcorp Inc (
) trading lower by about 0.2%. Below is a three month price history
chart comparing the stock performance of SLW, versus ABX and GG.
SLW is currently trading up about 0.7% midday Tuesday.
Analyst Favorites of the Metals Channel Global
Mining Titans Index »